https://www.taxtmi.com/caselaws?id=296527 The Supreme Court dismissed the appeals filed by the Corporation and the Revenue, emphasizing the necessity of registration under Section 12A for tax exemption under Sections 11(1)(a) and 12 of the Income Tax Act. The Court directed the Tribunal to expedite the decision on the Corporation's registration application, stating that if approved, the appeals could be reconsidered on their merits. The High Court's order for reassessment was to be suspended pending the Tribunal's ruling, with no costs awarded in the case. en-us Tue, 27 Nov 2007 00:00:00 +0530 Mon, 26 Jul 2021 18:41:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=296527 The Supreme Court dismissed the appeals filed by the Corporation and the Revenue, emphasizing the necessity of registration under Section 12A for tax exemption under Sections 11(1)(a) and 12 of the Income Tax Act. The Court directed the Tribunal to expedite the decision on the Corporation's registration application, stating that if approved, the appeals could be reconsidered on their merits. The High Court's order for reassessment was to be suspended pending the Tribunal's ruling, with no costs awarded in the case. Case-Laws Income Tax Tue, 27 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=296527