https://www.taxtmi.com/caselaws?id=397765 Rejection of registration under sections 12A/12AA on the ground that the trust was carrying on commercial activities was sent back for fresh consideration, with the assessee directed to produce proper evidence before the Commissioner (Exemptions) and given a reasonable hearing. The Tribunal also held that the nationwide lockdown was an extraordinary period that could be excluded while computing the expected 90-day time limit for pronouncement under Rule 34(5) of the Income-tax Appellate Tribunal Rules, 1963. The registration issue was restored for adjudication afresh, and the lockdown period was treated as excludable for pronouncement-time computation. en-us Tue, 30 Jun 2020 00:00:00 +0530 Fri, 28 Aug 2020 17:17:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=397765 Rejection of registration under sections 12A/12AA on the ground that the trust was carrying on commercial activities was sent back for fresh consideration, with the assessee directed to produce proper evidence before the Commissioner (Exemptions) and given a reasonable hearing. The Tribunal also held that the nationwide lockdown was an extraordinary period that could be excluded while computing the expected 90-day time limit for pronouncement under Rule 34(5) of the Income-tax Appellate Tribunal Rules, 1963. The registration issue was restored for adjudication afresh, and the lockdown period was treated as excludable for pronouncement-time computation. Case-Laws Income Tax Tue, 30 Jun 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=397765