https://www.taxtmi.com/caselaws?id=364429 The Court ruled against the appellant, holding that there could be no deemed registration under Section 12A of the Income Tax Act solely due to non-disposal of an application within six months. Emphasizing the mandatory nature of the time limit for registration under Section 12AA, the Court decided in favor of the respondent, stating that registration would only be effective from the date of expiry of the six-month period. The judgment underscored the significance of complying with statutory timelines and clarified the implications of deemed registration under the Income Tax Act based on judicial precedents. en-us Fri, 20 Jul 2018 00:00:00 +0530 Sun, 29 Jul 2018 13:19:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364429 The Court ruled against the appellant, holding that there could be no deemed registration under Section 12A of the Income Tax Act solely due to non-disposal of an application within six months. Emphasizing the mandatory nature of the time limit for registration under Section 12AA, the Court decided in favor of the respondent, stating that registration would only be effective from the date of expiry of the six-month period. The judgment underscored the significance of complying with statutory timelines and clarified the implications of deemed registration under the Income Tax Act based on judicial precedents. Case-Laws Income Tax Fri, 20 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364429