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| The Tax Publishers2019 TaxPub(DT) 1308 (Chen-Trib) INCOME TAX ACT, 1961
Section 12AA(2)
Non-disposal of application for seeking registration under section 12AA by CIT(E) within a period of six months from the end of the month, in which, application was received amounted to deemed grant of registration under section 12AA.
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Charitbale trust - Registration under section 12AA - Non-disposal of application for registration within 6 months -
Assessee-society filed application seeking registration under section 12AA on 10-7-2014 CIT(E) denied registration vide Order, dated 17-6-2015, on the ground that objects of society were only to cater the needs of a particular community.Held: In terms of section 12AA(2) limitation for passing order refusing the registration under section 12AA expired on 31-1-2015 and thus non-disposal of application within a period of six months from the end of the month, in which, application was received by CIT(E) amounted to deemed grant of registration under section 12AA. CIT(E) was directed accordingly.
Followed:CIT & Ors. v. Society for the Promotion of Education 2016 TaxPub(DT) 1237 (SC).
REFERRED :
FAVOUR : In assessee's favour.
A.Y. :
IN THE ITAT, CHENNAI BENCH
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