https://www.taxtmi.com/caselaws?id=203044 The High Court upheld the Tribunal's decision to condone a 6-year and 2-month delay and grant registration under section 12AA of the Income-tax Act. The Court emphasized the specific circumstances, including the managing trustee's ignorance of law and lack of trust activities, as sufficient reasons for the delay. Despite generally disallowing ignorance of law as a valid ground, the Court found the facts of the case warranted condonation. The appeal was dismissed, with the Court ruling in favor of the assessee and highlighting the need to assess each case individually based on the presented evidence. en-us Tue, 17 Aug 2010 00:00:00 +0530 Sat, 24 Mar 2012 12:33:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=203044 The High Court upheld the Tribunal's decision to condone a 6-year and 2-month delay and grant registration under section 12AA of the Income-tax Act. The Court emphasized the specific circumstances, including the managing trustee's ignorance of law and lack of trust activities, as sufficient reasons for the delay. Despite generally disallowing ignorance of law as a valid ground, the Court found the facts of the case warranted condonation. The appeal was dismissed, with the Court ruling in favor of the assessee and highlighting the need to assess each case individually based on the presented evidence. Case-Laws Income Tax Tue, 17 Aug 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=203044