ICMAI Registered Valuers Organisation, New Delhi V. CIT(Exemption), New Delhi

ITA 546/DEL/2021

• Counselvise Citation: [2022] 106 COUNSELVISE.COM (IT) 0335 (ITAT-DELHI)
• Duration Of Justice: 7 month(s) 21 day(s)
• Appeal Type: Income Tax Appeal
• Pronouncement Date: 10-01-2022
• Appeal Filed By: Assessee
• Order Result: Allowed
• Bench Allotted: C
• Assessment Year: misc
• Appeal Filed On: 20-05-2021
• Result in Favour of: Assessee
• Court: TRIBUNAL
• Assessee Lawyers: SUBODH GUPTA
• Section: 2; 12A

Judgement Text

IN THE INCOME TAX APPELLATE TRIBUNAL DELHI BENCH “C” NEW DELHI (Convened through Virtual Court) BEFORE SHRI CHALLA NAGENDRA PRASAD, JUDICIAL MEMBER AND SHRI PRADIP KUMAR KEDIA, ACCOUNTANT MEMBER आयकर अपील सं./I .T. A. No. 546/ Del / 2021 ( नधा रण वष / As s es s ment Yea r : ) ICM A I Re gi s te re d V al ue rs O r ga n i s at i o n 4 t h F l oo r, 3, Ins t i t u ti o na l A r ea , Lo d hi R oa d, N e w D e l hi बनाम/ V s . C I T ( Ex e m pt i o n ) N e w D e l hi थायी लेखा सं./जीआइआर सं./P A N / G IR N o . : A A EC 1 7 7 6 0 C (अपीलाथ /Appellant) . . ( यथ / Respondent) अपीलाथ ओर से /Appellant by : Shri Subodh Gupta, CA यथ क ओर से / Respondent by : Shri T. Kipgen, CIT DR स ु नवाई क तार ख / D a t e o f H e a r i ng 21/12/2021 घोषणा क तार ख /D a te o f P r o n o u nc e me n t 11 /01/2022 आदेश/O R D E R PER PRADIP KUMAR KEDIA, AM: T he c a p t i on e d a pp e al h as b ee n fi l e d a t t he i ns t a n c e o f t he a s s es s e e tr us t s e e ki ng t o c ha l l e ng e t he or d e r p a s s ed u/ s . 12 A A ( 1 ) (b ) r . w . s. 1 2 A o f t he I n co me T ax A c t , 19 6 1 d a t e d 25 . 03. 21 pa s s ed a ga in s t t h e o r de r o f t h e C o mm is s i o ne r o f I n c o me T a x ( E xe mpt i o n) , N e w D e lh i ( ‘C IT (E )’ i n s ho rt ). 2. Wh en t he ma t t e r w as c al l e d fo r he a r i n g t h e L d. Cou n se l fo r t he as s e s s ee s ub m i tt e d t h at CI T( E ) m is d ir ec t ed h i mse l f i n l a w a n d on fa c ts fo r d e n ia l o f r e g is t ra t io n o f t he as s e s s ee u /s . 12 A A (1 ) (b) r. w . s . 12 A o f t he Inc o m e Ta x A c t , 19 6 1 w i t h ou t a ny s us t ai n a b l e gr o un d s . I t w as s ub mi tt e d t h a t th e C IT ( E ) h a s c o m mit t e d e r ro r in no t a p p r e ci a t i n g t h e fa c t t h a t t h e ma i n a c t i vi t i e s o f th e a s s es s e e of t he a s s es s e e i nt e r a l i a i n c l u de s “P r ov i di n g va lu er s c ou r s e ” t o c re at e s ki l l e d r e g is t e re d v a lu er s i n th e c ou nt r y. It w a s co nt e n d e d t h a t t he fr u i ts o f v ar io u s a c ti v i t ie s l i k e t ra i ni n g, s e mi n ars c o ul d b e a va i la bl e t o th e p ub li c a t l a r ge w i t h out an y pr o f it mo t i v e a nd fo r t h at p ur p os e t he a s s e s s ee is re g i s te re d u/ s . 8 o f t he Co mp a n i es A c t, 20 1 3 a nd i s a w hol l y ow n e d s u b si di a ry o f t he I ns t it u t e o f C os t A cc ou n ta nt o f In d i a a n d r e gi s t e r e d w i t h Ins o l v e n c y a n d B an kru p t c y B oa rd o f I nd i a (I B BI ) fr a m e d w i t h t he o bj e ct i v e o f e du ca t i n g , re gul at i ng a nd m o ni t o r i n g t h e d i s c ip li ne o f r e gi s t e r e d va l u e rs . It w a s s ub m it t e d t ha t t he r e g i s t ra ti o n s ou gh t u n de r s ec t i on 1 2A A c o ul d n o t b e de n i e d t o t h e as s e s s ee w h e re o n s i mi l a r f a c t s , v ar io us o t he r or gan iz a t i o n s l i k e I CA I re g is t e re d va l ue rs or g a n i za t i on , In d i a n In s t it u t e o f In s ol ve n c y P ro f es s i on a l s o f I CA I , I CS I I ns o l v en c y Pr o fe s s i o na l a ge nc y , P r ac t is i ng V a l u er s A s s o ci a ti on o f I nd ia ca rr yi ng s i mi l a r ob j e c ts a s t ha t o f as s e s s e e, ha ve be en d ul y gr an te d r eg is t ra ti on . A s s es s e e th us u rg e d t ha t th e a ct i o n o f t he C IT ( E ) be r e v er s e d a n d a pp l i ca t i on ma de u / s . 12A A be e nt e r t a i ne d a n d r eg is te r i n g a ut ho r i t y be di re ct e d t o r e gi s t e r t he a s s e s se e und e r s e ct i on 1 2 A A of th e A ct . 3. T he L d. CI T (D R) f or t he re v e n ue , o n t h e o t he r ha nd , c on t e nd e d t ha t t he a s se s s e e h as f ai l e d to d i s ch a rg e t h e o nu s w hi ch l ay u p o n i t t o s up p ort it s c l a i m o f r e g i s t ra ti on u/s . 1 2A A o f t h e A c t be fo r e t h e C IT ( E ) an d t h us t he r ev e nu e ha d n o op t io n l e f t i n t h e m at t e r . It w a s c o nt e nd e d th at t h e a c t i o n o f t he CI T(E ) ca nn ot a s s ai l e d fo r t he fa il u r e on th e p a r t o f t h e a s s e ss ee t o s up po r t i t s a pp l i ca t i on w i t h fa c tu a l as p e c ts . 4. We h a v e c ar e f u l l y c ons i de re d th e r i v a l s ub mi s s ions . F r o m a ba r e r ea di ng o f th e i m pu g n e d or de r u nde r s ec ti on 12A A o f t h e A c t , i t a pp e a rs t h at th e a s s ess e e h as fa i le d t o re s p on d t o t h e r e q ui re me nt s o f t h e CI T (E ) to e n ab le h i m t o a pp r e c i a t e t h e re le va n t f a c ts for t he pu r po se s o f r eg i s t ra t i o n . H ow e ve r , in t h e s a me v ai n, w e s i mu l t a n e o us l y not i ce t h a t t h e a s s es s e e h as fi le d cer ta i n re p l i es I N D A K be fo re t h e C IT ( E) . O n a re a d i n g o f t he i mp u g ne d ord er , i t a pp e a r s t h a t t h e CI T( E ) ha s t a k e n a v ie w a ga i ns t t he a s s es s e e un i l a te ra l ly a nd w i t h ou t t a ki ng n ot e of t he ma i n obj e c t s o f t h e a s s es s e e as w e ll a s t h e d e c i s io ns r e n d e re d i n o t he r c a s es p l a c ed in s i mi l ar s i t ua ti on a s cl a i m e d. T he i m pu g ne d o rd e r a pp e a rs t o be s o mew h a t cr y pt i c an d re q ui re s el uc id at i on on f ac t s a nd l aw . We , t he re fo r e, d ee m i t a pp r o pr i a te t o r es t or e t h e m at t er ba c k t o t he fi l e o f t he CI T( E ) / o t he r c o m p et e n t r e g i s t er i n g a u t h or it y i n fo rc e t o e xa mi ne m a tt e r d e no v o a f t e r t a ki n g c o gn i z an ce o f t he fa ct ua l po s it i o n a nd c o nt e n ti on s o f t h e as s e s s ee . It sh al l b e u po n t o t he a s s es s e e t o s ub m i t al l r e l e va n t fa c ts a n d i ts c o n t en t i o ns be fo r e re g i s t e r in g a u t h or it y. T h e r e g is t e ri ng au t h o r i t y sha ll p as s s pea k i n g or d e r i n a c co rd a n c e w i t h la w a ft er t a k i ng no te o f the va ri o u s s ub mi s s io ns an d c o nt en ti ons o f t he a s s ess e e . T he im pu g ne d o rd e r un de r s ec t io n 12A A (1) (b ) r. w . s . 12 A u nd e r c h a l l e nge is t h us s e t a s id e i n t er ms o bs e rv a t i ons he r e i n a b o v e . 5. In t h e r es u l t , th e a pp e a l o f t he a s s e ss ee i s al low e d fo r s t at i s t i c a l pu r p os e . Sd/ - Sd/- (C.N. PRASA D) (PRADI P KUMA R KEDI A) JUDI CI AL M EMBER ACCOU NT ANT MEM BER D a t e d 1 1 / 0 1 / 2 0 2 2 True Copy Neha आदेश क त ल प अ े षत / Copy of Order Forwarded to:- 1. राज व / Revenue 2. आवेदक / Assessee 3. संबं*धत आयकर आय ु ,त / Concerned CIT 4. आयकर आय ु ,त- अपील / CIT (A) 5. 0वभागीय 3त3न*ध, आयकर अपील य अ*धकरण, अहमदाबाद / DR, ITAT, Ahmedabad 6. गाड9 फाइल / Guard file. By order/आदेश से, Assistant Registrar ITAT, Delhi Benches, New Delhi This Order pronounced on 11/01/2022 Date of dictation 22.12.2021 Date on which the typed draft is placed before the dictating Member Date on which the typed draft is placed before the Other Member Date on which the approved draft comes to the Sr. PS/PS Date on which the fair order is placed before the Dictating Member for pronouncement Date on which the fair order comes back to the Sr. PS/PS Date on which the final order is uploaded on the website of ITAT 11.01.2022 Date on which the file goes to the Bench Clerk Date on which the file goes to the Head Clerk