Section 11 exemption upheld where long-standing registration continued despite loss of original certificates and no change in objects was shown.

Exemption under section 11 was considered in light of the assessee's registration history and supporting records, which showed continuous registration since 1972. The loss of original certificates in the Uttarakhand floods and the fact that the later fresh certificate did not alter the assessee's objects were material. On the facts examined in remand, no factual error or legal infirmity was shown in accepting the exemption, and the addition made by denying registration-based relief was deleted.

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Issues: Whether the addition made by the Assessing Officer by denying exemption under section 11 on the ground that the assessee lacked a valid registration under section 12A could be sustained.

Analysis: The assessee's registration history, the documents placed on record, and the material considered in remand proceedings showed that the assessee had been registered since 1972 and that the relevant certificates had been lost in the Uttarakhand floods. The record also showed that the later fresh certificate did not introduce any change in the objects of the assessee. On the facts found by the first appellate authority, no factual error or legal infirmity was demonstrated in the allowance of exemption.

Conclusion: The addition was correctly deleted and the denial of exemption under section 11 was not sustained.

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