https://www.taxtmi.com/caselaws?id=394669 The Tribunal allowed the appeal of the assessee, granting exemption under section 11 based on the retrospective application of the First Proviso to section 12A(2). The denial of exemption under section 11 was overturned due to the registration being granted during the assessment proceedings. The other issues were withdrawn or allowed in consequence of the primary issue's resolution. The Tribunal highlighted the beneficial nature of the proviso in mitigating hardships for charitable institutions. en-us Fri, 07 Feb 2020 00:00:00 +0530 Mon, 20 Apr 2020 10:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394669 The Tribunal allowed the appeal of the assessee, granting exemption under section 11 based on the retrospective application of the First Proviso to section 12A(2). The denial of exemption under section 11 was overturned due to the registration being granted during the assessment proceedings. The other issues were withdrawn or allowed in consequence of the primary issue's resolution. The Tribunal highlighted the beneficial nature of the proviso in mitigating hardships for charitable institutions. Case-Laws Income Tax Fri, 07 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394669