https://www.taxtmi.com/caselaws?id=371267 The Tribunal allowed the appeal, directing the Assessing Officer to re-examine the eligibility for exemption under section 11 for the Trust providing education. The Tribunal emphasized the importance of registration under section 12AA and interpreted the proviso to section 12A(2) to benefit the Trust despite obtaining registration with retrospective effect. This decision aligns with the legislative intent to provide relief to genuine cases facing registration challenges, ensuring proper assessment of exemption claims under the Income Tax Act, 1961. en-us Mon, 26 Nov 2018 00:00:00 +0530 Sat, 01 Dec 2018 12:41:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=371267 The Tribunal allowed the appeal, directing the Assessing Officer to re-examine the eligibility for exemption under section 11 for the Trust providing education. The Tribunal emphasized the importance of registration under section 12AA and interpreted the proviso to section 12A(2) to benefit the Trust despite obtaining registration with retrospective effect. This decision aligns with the legislative intent to provide relief to genuine cases facing registration challenges, ensuring proper assessment of exemption claims under the Income Tax Act, 1961. Case-Laws Income Tax Mon, 26 Nov 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=371267