https://www.taxtmi.com/caselaws?id=338520 The Full Bench of the High Court clarified that non-disposal of an application within six months does not result in deemed registration under Section 12AA(2) of the Income Tax Act. The Full Bench overturned a previous judgment and held that the Income Tax Appellate Tribunal's reliance on it was unjustified. The issue of whether Section 12AA(2) provisions are directory or mandatory was not addressed. The appeal was allowed, setting aside the Tribunal's judgment based on the clarification provided by the Full Bench, which resolved the interpretation of Section 12AA(2) effectively. en-us Fri, 27 Jan 2017 00:00:00 +0530 Thu, 02 Feb 2017 18:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=338520 The Full Bench of the High Court clarified that non-disposal of an application within six months does not result in deemed registration under Section 12AA(2) of the Income Tax Act. The Full Bench overturned a previous judgment and held that the Income Tax Appellate Tribunal's reliance on it was unjustified. The issue of whether Section 12AA(2) provisions are directory or mandatory was not addressed. The appeal was allowed, setting aside the Tribunal's judgment based on the clarification provided by the Full Bench, which resolved the interpretation of Section 12AA(2) effectively. Case-Laws Income Tax Fri, 27 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=338520