https://www.taxtmi.com/caselaws?id=215537 The Tribunal upheld the reopening of assessment under section 147 due to the trust not being registered under section 12AA, allowing exemption claims under sections 11 and 12. However, it directed the Assessing Officer to verify historical registration under section 12A to determine exemption eligibility. The Tribunal found no justification for denying the exemption under section 11 if the trust was indeed registered under section 12A. The appeal was allowed for statistical purposes, with all issues remitted for fresh examination by the Assessing Officer. en-us Mon, 16 Apr 2012 00:00:00 +0530 Wed, 08 Aug 2012 13:45:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215537 The Tribunal upheld the reopening of assessment under section 147 due to the trust not being registered under section 12AA, allowing exemption claims under sections 11 and 12. However, it directed the Assessing Officer to verify historical registration under section 12A to determine exemption eligibility. The Tribunal found no justification for denying the exemption under section 11 if the trust was indeed registered under section 12A. The appeal was allowed for statistical purposes, with all issues remitted for fresh examination by the Assessing Officer. Case-Laws Income Tax Mon, 16 Apr 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215537