IN THE INCOME TAX APPELLATE TRIBUNAL Hyderabad ‘ B ‘ Bench, Hyderabad Before Shri A. Mohan Alankamony, Accountant Member AND Shri S.S. Godara, Judicial Member O R D E R Per S. S. Godara, J.M. This assessee’s appeal arises from the Commissioner of Income Tax (Exemptions), Hyderabad’s order dated 17.09.2020 passed in case No.CIT(E)/HYD/51(01)/12A/2019-20 involving proceedings u/s. 12AA(1)(b)(ii) of the Income Tax Act, 1961 [in short, ‘the Act’]. Case called twice. None appears at assessee’s behest. It is accordingly proceeded ex-parte. ITA No.778/Hyd/2020 Assessment Year: N.A. ICAT Educational Trust, Hyderabad. PAN : AABT17068P. Vs. Commissioner of Income Tax, (Exemptions), Hyderabad. (Appellant) (Respondent) Assessee by: None. Revenue by : Shri YVST Sai. Date of hearing: 21.02.2022 Date of pronouncement: 21.03.2022 ITA No.778/Hyd/2020 2 2. Coming to the assessee’s sole substantive grievance herein challenging correctness of the CIT(Exemption)’s order holding it to have not containing charitable objects under section 2(15) thereby declining its 12AA registration, we note that latter’s detailed discussion to this effect reads as follows : ITA No.778/Hyd/2020 3 ITA No.778/Hyd/2020 4 3. Ld. CIT-DR vehemently submitted the CIT(Exemptions)’s foregoing rejection of section 12AA registration proceedings have duly considered assessee’s twin objects in clauses (a) and (b) of its Trust Deed. He fails to dispute that the CIT(E) has nowhere considered the assessee’s clinching object in clause (c) forming part of the very deed in page 23 of paper book i.e. “to build schools, colleges and other institution of research, to establish and conduct college, school and institution for imparting multifaceted environment.......”. Meaning thereby that the assessee’s foregoing ITA No.778/Hyd/2020 5 object prima-facie indicates its object as carrying ‘educational activities’. Faced with this situation, we deem it appropriate to restore the instant section 12AA registration issue back to the CIT(E) for his afresh appropriate adjudication keeping in mind that the assessee’s object clauses are as per law within three effective opportunities of hearing. Ordered accordingly. 4. This assessee’s appeal is allowed for statistical purposes in above terms. Order pronounced in the Open Court on 21 st March, 2022. Sd/- Sd/- (A. MOHAN ALANKAMONY) ACCOUNTANT MEMBER (S.S. GODARA) JUDICIAL MEMBER Hyderabad, dated 21 st March, 2022. TYNM/sps Copy to: S.No Addresses 1 ICAT Educational Trust, C/o. R. Subramanian, Subramanian & Associates, Chartered Accountants, Old No.138/4, New No.51/4, Valluvar Street, Vasudevan Nagar, Jafferkhanpet, Ashok Nagar, Chennai – 600 083. 2 CIT(Exemptions), Hyderabad. 3 Addl. CIT(E), Hyderabad. 4 DR, ITAT Hyderabad Benches 5 Guard File