https://www.taxtmi.com/caselaws?id=273401 The Court clarified that the non-disposal of a registration application within the specified time frame does not result in deemed grant of registration under Section 12AA of the Income Tax Act, 1961. It held that the Income Tax Appellate Tribunal exceeded its jurisdiction by granting deemed registration without respecting the Commissioner's statutory power. The Tribunal's judgment was set aside, ruling in favor of the appellant and directing the Commissioner to decide on the registration application promptly. This case emphasized adherence to statutory powers and timely resolution of tax matters. en-us Thu, 13 Jul 2017 00:00:00 +0530 Fri, 22 Jun 2018 21:46:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=273401 The Court clarified that the non-disposal of a registration application within the specified time frame does not result in deemed grant of registration under Section 12AA of the Income Tax Act, 1961. It held that the Income Tax Appellate Tribunal exceeded its jurisdiction by granting deemed registration without respecting the Commissioner's statutory power. The Tribunal's judgment was set aside, ruling in favor of the appellant and directing the Commissioner to decide on the registration application promptly. This case emphasized adherence to statutory powers and timely resolution of tax matters. Case-Laws Income Tax Thu, 13 Jul 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=273401