https://www.taxtmi.com/caselaws?id=377139 The Tribunal ruled in favor of the assessee, holding that they were entitled to the benefit of exemption under section 11 of the Income Tax Act. The Tribunal found that the assessee had validly obtained registration under section 12A since 1975-76, and their actions to address the missing certificate matter, including filing an FIR, demonstrated good faith. The Tribunal emphasized that registration under sections 12A or 12AA remains valid unless expressly revoked by the Department. Consequently, the Tribunal set aside the decision of the Ld. CIT(Appeals) and allowed the appeal of the assessee. en-us Tue, 19 Mar 2019 00:00:00 +0530 Sun, 24 Mar 2019 11:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=377139 The Tribunal ruled in favor of the assessee, holding that they were entitled to the benefit of exemption under section 11 of the Income Tax Act. The Tribunal found that the assessee had validly obtained registration under section 12A since 1975-76, and their actions to address the missing certificate matter, including filing an FIR, demonstrated good faith. The Tribunal emphasized that registration under sections 12A or 12AA remains valid unless expressly revoked by the Department. Consequently, the Tribunal set aside the decision of the Ld. CIT(Appeals) and allowed the appeal of the assessee. Case-Laws Income Tax Tue, 19 Mar 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=377139