CENTRE FOR ADVANCED FINANCIAL RESEARCH AND LEARING, MUMBAI V. DIT (E), MUMBAI

ITA 2743/MUM/2012

• Counselvise Citation: 274319914 RSA 2012
• Duration Of Justice: 1 year(s) 3 month(s) 14 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 07-08-2013
• Appeal Filed By: Assessee
• Order Result: Dismissed
• Bench Allotted: C
• Next Hearing Date: 06-08-2013
• Assessment Year: 2012-2013
• Appeal Filed On: 23-04-2012
• Result in Favour of: Revenue
• Court: TRIBUNAL
• Section: 12A

Judgement Text

, IN THE INCOME TAX APPELLATE TRIBUNAL C BENCH, MUMBAI BEFORE S/SHRI B.R.MITTAL,(JM) AND RAJENDRA (AM) . . , , ./I.T.A. NO.2743/M/2012 ( / ASSESSMENT YEAR: NA) CENTRE FOR ADVANCED FINANCIAL RESEARCH AND LEARNING C-8, 8 TH FLOOR, RESERVE BANK OF INDIA, BANDRA KURLA COMPLEX, BANDRA (E), MUMBAI-400051 / VS. DIT (EXEMPTION) 6 TH FLOOR, PIRAMAL CHAMBERS, PAREL, MUMBAI-400012. ./ ./PAN/GIR NO. : AABACO190P ( ' / APPELLANT) .. ( ( ' / RESPONDENT) ' / APPELLANT BY : SHRI SITARAM PAREEK ( ' * /RESPONDENT BY : SHRI A.C.TEJPAL * - / DATE OF HEARING : 7.8.2013 * - /DATE OF PRONOUNCEMENT : 7.8.2013 / O R D E R PER B.R.MITTAL, JM: THE ASSESSEE HAS FILED THIS APPEAL AGAINST THE ORD ER OF DIT (EXEMPTION) DATED 27.2.2012 BY WHICH THE APPLICATION OF ASSESSEE DATE D 24.8.2011 FOR REGISTRATION U/S 12A OF THE INCOME TAX ACT, 1961 (THE ACT) HAS BEEN REJ ECTED. 2. THE ASSESSEE FILED THE APPLICATION STATING THE N AME AS CENTRE FOR ADVANCED FINANCIAL RESEARCH AND LEARNING BUT THE ASSESSEE F AILED TO PRODUCE THE CERTIFICATE OF CHARITY COMMISSIONER FOR REGISTRATION OF THE ASSE SSEE IN THE ABOVE NAME. IT IS OBSERVED THAT THE ASSESSEE WAS REGISTERED IN THE NA ME OF CENTER FOR ADVANCE FINANCIAL LEARNING ON THE DATE OF FILING THE APPLICATION B UT THE ASSESSEE HAD TAKEN STEPS FOR CHANGE ITS NAME AND ACCORDINGLY FILED THE APPLICAT ION IN THE NAME OF THE PROPOSED NAME INSTEAD OF IN THE NAME OF THE ASSESSEE AS ON THE DATE OF FILING OF THE APPLICATION FOR REGISTRATION IN FORM NO.10A. HENCE, LD. DIT(E) REJECTED THE APPLICATION OF ASSESSEE FOR REGISTRATION OF THE ASSESSEE. I.T.A. NO.2743/M/2012 2 3. AT THE TIME OF HEARING, LD.AR HAS FILED LETTER DATED 6.8.2013 SEEKING PERMISSION TO ALLOW TO WITHDRAW THE PRESENT APPEAL SO THAT THE ASSESSEE COULD FILE AFRESH APPLICATION FOR REGISTRATION. 4. LD. DR HAS NO OBJECTION TO WITHDRAW THE APPEAL F ILED BY THE ASSESSEE. 5. IN VIEW OF ABOVE SUBMISSIONS OF LD. AR, WE ALLOW THE ASSESSEE TO WITHDRAW THE APPEAL WITH A LIBERTY TO ASSESSEE TO FILE A FRESH A PPLICATION FOR REGISTRATION BEFORE LD. DIT(E) WHICH WILL BE DEALT WITH BY HIM AS PER LAW. 6. IN THE RESULT, APPEAL OF THE ASSESSEE IS DISMISS ED AS WITHDRAWN. ORDER PRONOUNCED IN THE OPEN COURT ON 7 TH AUG, 2013 * 1 2 7 TH AUG, 2013 * SD /- SD/- ( /RAJENDRA ) ( . . /B.R.MITTAL) / ACCOUNTANT MEMBER / JUDICIAL MEMBER MUMBAI; 2 DATED 7/ 08/2013 . . ./ SRL , SR. PS / COPY OF THE ORDER FORWARDED TO : 1. ' / THE APPELLANT 2. ( ' / THE RESPONDENT. 3. 6 ( ) / THE CIT(A)- 4. 6 / CIT 5. 7 (9 , - 9 , / DR, ITAT, MUMBAI 6. / GUARD FILE. / BY ORDER, TRUE COPY (ASSTT. REGISTRAR) - 9 , /ITAT, MUMBAI