Tribunal held that merely because it was generating huge revenue from year to year could not be held to be commercial orgnaisation. Matter remanded for de novo consideration) for de novo consideration.
Maharashtra Ex-Servicemen Corporation Ltd. v. CIT (2021) 190 ITD 119 (Pune)(Trib.)
S. 12AA : Procedure for registration-Trust or institution-Generation of revenue-Can not be considered as commercial organisation-Matter remanded. [S. 12A]