LAWS(ALL)-2017-7-111

DR. BHIM RAO AMBEDKAR EDUCATIONAL SOCIETY THROUGH PRESIDENT Vs. COMMISSIONER OF INCOME TAX (EXEMPTION) ASHOK MARG LKO.

Decided On July 07, 2017
Dr. Bhim Rao Ambedkar Educational Society Through President Appellant
V/S
Commissioner Of Income Tax (Exemption) Ashok Marg Lko. Respondents

JUDGEMENT

(1.) This is Assessee's appeal under Section 260A of Income Tax Act, 1961 (hereinafter referred to as the "Act, 1961") arising from judgment and order dated 31.03.2015 passed by Income Tax Appellate Tribunal, Lucknow (hereinafter referred to as the "Tribunal") in ITA No. 548/LKW/2012 dismissing appeal and confirming order dated 03.09.2012 passed by Commissioner of Income Tax-II, Lucknow (hereinafter referred to as the "CITII") cancelling registration granted under Section 12AA(1)(b)(i) of Act, 1961 by exercising power under Section 12AA(3) of Act, 1961.

(2.) The appeal was admitted on following two substantial questions of law:

(3.) Brief facts giving rise to present appeal are as under.