https://www.taxtmi.com/caselaws?id=257163 The Full Bench clarified that the non-disposal of an application for registration under Section 12AA(2) of the Income Tax Act within six months does not automatically grant registration. The court disagreed with the Division Bench's ruling that implied deemed registration for non-action within the specified period. The Full Bench emphasized that statutory timelines do not inherently lead to deemed approvals and highlighted the availability of legal remedies for undue delays. The case was remitted to the regular bench for further proceedings as per the Full Bench's findings, with no cost orders issued. en-us Thu, 05 Feb 2015 00:00:00 +0530 Tue, 05 May 2015 14:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=257163 The Full Bench clarified that the non-disposal of an application for registration under Section 12AA(2) of the Income Tax Act within six months does not automatically grant registration. The court disagreed with the Division Bench's ruling that implied deemed registration for non-action within the specified period. The Full Bench emphasized that statutory timelines do not inherently lead to deemed approvals and highlighted the availability of legal remedies for undue delays. The case was remitted to the regular bench for further proceedings as per the Full Bench's findings, with no cost orders issued. Case-Laws Income Tax Thu, 05 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=257163