https://www.taxtmi.com/caselaws?id=393292 The High Court overturned the Tribunal's decision to allow registration to the assessee trust, emphasizing that non-disposal of the application within six months does not lead to deemed registration as per Section 12AA(2) of the Income Tax Act. The Court highlighted that the legislative intent does not support automatic registration in such cases and stated that the assessee can seek remedies under Article 226 for delays. The Court ruled in favor of the Revenue, quashing the Tribunal's order and remanding the matter for further consideration. en-us Tue, 04 Feb 2020 00:00:00 +0530 Mon, 31 Aug 2020 16:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=393292 The High Court overturned the Tribunal's decision to allow registration to the assessee trust, emphasizing that non-disposal of the application within six months does not lead to deemed registration as per Section 12AA(2) of the Income Tax Act. The Court highlighted that the legislative intent does not support automatic registration in such cases and stated that the assessee can seek remedies under Article 226 for delays. The Court ruled in favor of the Revenue, quashing the Tribunal's order and remanding the matter for further consideration. Case-Laws Income Tax Tue, 04 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=393292