https://www.taxtmi.com/caselaws?id=202845 Karnataka HC held that registration under section 12A of the Income Tax Act is a condition precedent for claiming exemption benefits under sections 11 and 12, but registration alone does not automatically confer these benefits. The trust must comply with sections 11 and 12 requirements, which should be examined by the Assessing Officer during return processing, not by the Commissioner during registration. The Tribunal correctly observed that fund application compliance is to be assessed at the appropriate stage by the proper authority. en-us Wed, 15 Jul 2009 00:00:00 +0530 Fri, 23 May 2025 11:33:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=202845 Karnataka HC held that registration under section 12A of the Income Tax Act is a condition precedent for claiming exemption benefits under sections 11 and 12, but registration alone does not automatically confer these benefits. The trust must comply with sections 11 and 12 requirements, which should be examined by the Assessing Officer during return processing, not by the Commissioner during registration. The Tribunal correctly observed that fund application compliance is to be assessed at the appropriate stage by the proper authority. Case-Laws Income Tax Wed, 15 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=202845