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The instant appeal filed by the assessee is directed against the order dated 22.03.2019 passed by the Commissioner of Income Tax (Exemption), Ahmedabad under section 12AA(1)(b)(ii) of the Income Tax Act, 1961 (hereinafter referred as to “the Act”) whereby and whereunder the approval sought for by the assessee under section 12AA of the Act has been rejected.

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Sec. 11 & 12AA of Income Tax Act, 1961— Trust — Registration of trust - Even if the object is restricted to a mere class or a community the object of the Trust are for educational benefit and for providing assistance to ‘Modh Vanik’ children which is supported by the notes on activities which was duly submitted before the ITO(E) by the assessee, hence, the case is not covered under section 13(1)(b) and, therefore, the assessee is highly eligible to credit that grant under section 12AA as the crux of the argument. - SHRI MODH VANIK VIDHYARTHI MANDAL V/s CIT - [2020] 27 ITCD Online 068 (ITAT-RAJKOT)