Successful Appeal Grants Trust Registration under Section 12AA for Assessment Year 2017-18

The appeal against the order of the Ld. Commissioner of Income Tax (Exemptions), Chandigarh for Assessment Year 2017-18 was allowed. The delay in filing the appeal was condoned, and the appeal was admitted on merits. The CIT(Exemptions) was directed to grant registration u/s 12AA to the applicant Trust from the date of the application for Assessment Year 2017-18, with specified conditions for registration compliance.

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Issues Involved:
The appeal against the order of the Ld. Commissioner of Income Tax (Exemptions), Chandigarh for Assessment Year 2017-18.

Delay in Filing Appeal:
The counsel argued for condonation of delay of 211 days in filing the appeal, citing the case law emphasizing substantial justice over technical considerations. The delay was condoned, and the appeal was admitted on merits.

Grant of Registration u/s 12AA:
The CIT(Exemptions) initially rejected the application for registration u/s 12A but later granted registration for Assessment Year 2018-19 in compliance with the Tribunal order. The conditions for registration were specified, including maintaining accounts, filing annual returns, and adhering to specific provisions of the Income Tax Act. The registration was directed to be granted from the date of the original application for Assessment Year 2017-18.

Conclusion:
The appeal was allowed, and the CIT(E) was directed to grant registration u/s 12AA to the applicant Trust from the date of the application for Assessment Year 2017-18.

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