https://www.taxtmi.com/caselaws?id=62768 Delay in filing an application for registration under section 12A was treated as explainable where the assessee had long been regarded as engaged in scientific research and had reason to believe its income remained exempt under section 10(21). Registration became relevant only after exemption under section 11 was claimed and denied for lack of such registration, so the delay was not assessed as a 34-year default. Sufficient cause was found at least for the period after the first return for assessment year 2004-05, and the application was directed to be considered on merits from 1 April 2000. en-us Fri, 11 Apr 2008 00:00:00 +0530 Wed, 12 Jun 2013 15:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62768 Delay in filing an application for registration under section 12A was treated as explainable where the assessee had long been regarded as engaged in scientific research and had reason to believe its income remained exempt under section 10(21). Registration became relevant only after exemption under section 11 was claimed and denied for lack of such registration, so the delay was not assessed as a 34-year default. Sufficient cause was found at least for the period after the first return for assessment year 2004-05, and the application was directed to be considered on merits from 1 April 2000. Case-Laws Income Tax Fri, 11 Apr 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62768