Supreme Court Rules: No Deemed Registration for Trusts if Section 12AA Application is Undecided After Six Months.

Supreme Court Rules: No Deemed Registration for Trusts if Section 12AA Application is Undecided After Six Months. https://www.taxtmi.com/highlights?id=52261 Exemption u/s 11 - Deemed registration u/s 12AA - Charitable activity or not - The Supreme Court decision does not lay down any principle of law. In such circumstances, deemed registration cannot be granted on the ground that the application filed by the Trust u/s 12AA is not decided, for any good reason, within a period of six months from the date of filing. - HC en-us Wed, 11 Mar 2020 09:54:53 +0530 Wed, 11 Mar 2020 09:54:53 +0530 TaxTMI RSS Generator Supreme Court Rules: No Deemed Registration for Trusts if Section 12AA Application is Undecided After Six Months. https://www.taxtmi.com/highlights?id=52261 Exemption u/s 11 - Deemed registration u/s 12AA - Charitable activity or not - The Supreme Court decision does not lay down any principle of law. In such circumstances, deemed registration cannot be granted on the ground that the application filed by the Trust u/s 12AA is not decided, for any good reason, within a period of six months from the date of filing. - HC Highlights Income Tax Wed, 11 Mar 2020 09:54:53 +0530 https://www.taxtmi.com/highlights?id=52261