https://www.taxtmi.com/caselaws?id=197002 The Tribunal concluded that the CIT(A) should have considered the first and second provisos to section 12A, which were inserted by the Finance Act, 2014 and have retrospective effect. The Tribunal restored the issue to the CIT(A) for fresh consideration in line with the dictum laid down in the case of SNDP Yogam, directing the CIT(A) to dispose of the matter expeditiously after affording a reasonable opportunity of being heard to the assessee trust. The appeal filed by the assessee was allowed for statistical purposes, and the Stay Petition was dismissed. en-us Fri, 10 Jun 2016 00:00:00 +0530 Thu, 21 Dec 2017 08:15:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=197002 The Tribunal concluded that the CIT(A) should have considered the first and second provisos to section 12A, which were inserted by the Finance Act, 2014 and have retrospective effect. The Tribunal restored the issue to the CIT(A) for fresh consideration in line with the dictum laid down in the case of SNDP Yogam, directing the CIT(A) to dispose of the matter expeditiously after affording a reasonable opportunity of being heard to the assessee trust. The appeal filed by the assessee was allowed for statistical purposes, and the Stay Petition was dismissed. Case-Laws Income Tax Fri, 10 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=197002