https://www.taxtmi.com/caselaws?id=330111 The Court dismissed the appeal challenging the Income Tax Appellate Tribunal's order regarding the registration of a Trust under Section 12AA(a)(ii) of the Income Tax Act. It held that the registration should have been allowed from the date of the application submission, not from the date of curing alleged defects, as the requirement for audited accounts was deemed directory, not mandatory. The Court found no error in the Tribunal's decision, emphasizing that the application was initially without defects, and the later submission of audited accounts was not obligatory. en-us Wed, 18 May 2016 00:00:00 +0530 Thu, 01 Sep 2016 11:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330111 The Court dismissed the appeal challenging the Income Tax Appellate Tribunal's order regarding the registration of a Trust under Section 12AA(a)(ii) of the Income Tax Act. It held that the registration should have been allowed from the date of the application submission, not from the date of curing alleged defects, as the requirement for audited accounts was deemed directory, not mandatory. The Court found no error in the Tribunal's decision, emphasizing that the application was initially without defects, and the later submission of audited accounts was not obligatory. Case-Laws Income Tax Wed, 18 May 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330111