https://www.taxtmi.com/caselaws?id=353859 The Tribunal upheld the CIT(A)'s direction to grant the benefit of registration under Section 12AA for the assessment year, citing the retrospective nature of the first proviso to Section 12A(2). The Tribunal dismissed the Revenue's appeal, affirming that the CIT(A) was justified in directing the AO to grant the benefit of registration under Section 12AA. The AO was permitted to conduct a fresh assessment in compliance with the law. en-us Wed, 10 Jan 2018 00:00:00 +0530 Sat, 13 Jan 2018 18:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=353859 The Tribunal upheld the CIT(A)'s direction to grant the benefit of registration under Section 12AA for the assessment year, citing the retrospective nature of the first proviso to Section 12A(2). The Tribunal dismissed the Revenue's appeal, affirming that the CIT(A) was justified in directing the AO to grant the benefit of registration under Section 12AA. The AO was permitted to conduct a fresh assessment in compliance with the law. Case-Laws Income Tax Wed, 10 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=353859