https://www.taxtmi.com/caselaws?id=178132 ITAT held that a clerical error in the registration name was attributable to revenue staff and cannot deprive the assessee of s.11 exemption; the registry should be corrected and treated as granted to the assessee. The tribunal found the assessee's micro-finance activities to be charitable in nature, upheld the validity of the s.12A registration, and directed the AO to allow exemption under s.11. The tribunal affirmed the CIT(A)'s disallowance of provisions for loan losses (permissible only for banks/NBFCs). Appeal partly allowed for statistical purposes. en-us Wed, 17 Feb 2010 00:00:00 +0530 Mon, 15 Sep 2025 17:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178132 ITAT held that a clerical error in the registration name was attributable to revenue staff and cannot deprive the assessee of s.11 exemption; the registry should be corrected and treated as granted to the assessee. The tribunal found the assessee's micro-finance activities to be charitable in nature, upheld the validity of the s.12A registration, and directed the AO to allow exemption under s.11. The tribunal affirmed the CIT(A)'s disallowance of provisions for loan losses (permissible only for banks/NBFCs). Appeal partly allowed for statistical purposes. Case-Laws Income Tax Wed, 17 Feb 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178132