https://www.taxtmi.com/caselaws?id=280501 The first proviso to Section 12A(2) of the Income-tax Act was treated as procedural and curative, enacted to remove hardship to genuine charitable trusts that had not obtained registration in time. The Court held that beneficial and remedial amendments may operate retrospectively where they confer relief without imposing a new burden. Pending appellate proceedings were treated as pending assessment proceedings for this purpose, so the benefit of Sections 11 and 12 extended to the earlier years concerned. The assessee was therefore entitled to exemption for those years. en-us Mon, 23 Oct 2017 00:00:00 +0530 Tue, 07 May 2019 23:07:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280501 The first proviso to Section 12A(2) of the Income-tax Act was treated as procedural and curative, enacted to remove hardship to genuine charitable trusts that had not obtained registration in time. The Court held that beneficial and remedial amendments may operate retrospectively where they confer relief without imposing a new burden. Pending appellate proceedings were treated as pending assessment proceedings for this purpose, so the benefit of Sections 11 and 12 extended to the earlier years concerned. The assessee was therefore entitled to exemption for those years. Case-Laws Income Tax Mon, 23 Oct 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280501