The Commissioner denied registration to the assessee under section\u00a012AA\u00a0of the\u00a0Income-tax Act, 1961\u00a0and approval under section\u00a080G. On appeal the Tribunal held that the Commissioner misdirected himself in wrongly assuming that the assessee had collected capitation fees from students for admission, which act of the assessee according to him was akin to sale of seats. When this was denied by the assessee, he had not conducted a preliminary enquiry on this issue. Since the assessee had filed an application for registration under section\u00a012AA\u00a0on August 17, 2012, the provisions of sections\u00a011\u00a0and\u00a012\u00a0shall apply in relation to the income of such assessee from the AY. 2013-14. If the Commissioner was satisfied that the assessee satisfied the conditions stipulated under section\u00a080G(5)\u00a0read with rule\u00a011AA\u00a0of the\u00a0Income-tax Rules, 1962, the assessee was to be granted approval under section\u00a080G\u00a0from the financial year 2012-13, i. e., AY. 2013-14.<\/p>\n","protected":false},"excerpt":{"rendered":"
S. 12AA : Procedure for registration-Trust or institution-Running Educational Institutions imparting engineering courses-Recognised by All India Council for technical Education and Establishing Polytechnic College-Genuineness established-Eligible for grant of Registration-Grant of approval u\/s. 80G only after satisfying conditions. [S.2(15), 80G] <\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[],"class_list":["post-17790","post","type-post","status-publish","format-standard","hentry","category-income-tax-act"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-4CW","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17790","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=17790"}],"version-history":[{"count":1,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17790\/revisions"}],"predecessor-version":[{"id":17791,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/17790\/revisions\/17791"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=17790"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=17790"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=17790"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}