https://www.taxtmi.com/caselaws?id=331170 Distinct statutory bodies created under different enactments must be considered separately for exemption purposes under the Income-tax Act, 1961. The Bar Council of Tamil Nadu and the Advocates' Welfare Fund were treated as separate legal entities because they are constituted under different statutes, administered by different authorities, and require independent registration under Section 12AA for Section 11 exemption. The record also showed uncertainty about the scope of the registration granted and the effect of the CBDT order condoning delay for earlier years, so the assessment issue was remanded to the Assessing Officer for fresh consideration in accordance with law. en-us Fri, 15 Jul 2016 00:00:00 +0530 Sat, 19 Nov 2016 12:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331170 Distinct statutory bodies created under different enactments must be considered separately for exemption purposes under the Income-tax Act, 1961. The Bar Council of Tamil Nadu and the Advocates' Welfare Fund were treated as separate legal entities because they are constituted under different statutes, administered by different authorities, and require independent registration under Section 12AA for Section 11 exemption. The record also showed uncertainty about the scope of the registration granted and the effect of the CBDT order condoning delay for earlier years, so the assessment issue was remanded to the Assessing Officer for fresh consideration in accordance with law. Case-Laws Income Tax Fri, 15 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331170