https://www.taxtmi.com/caselaws?id=424271 The Tribunal allowed the appeals for all three assessment years, directing the AO to grant the benefit of sections 11 and 12 and delete the additions made. The Tribunal emphasized that the registration under section 12AA, once granted, should apply retrospectively as per the first proviso to Section 12A(2), provided the trust's objectives and activities remain unchanged. The decision was based on the principle that the legislative intent was to prevent genuine hardship to charitable organizations due to technical lapses in registration. en-us Wed, 22 Jun 2022 00:00:00 +0530 Sat, 25 Jun 2022 11:10:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424271 The Tribunal allowed the appeals for all three assessment years, directing the AO to grant the benefit of sections 11 and 12 and delete the additions made. The Tribunal emphasized that the registration under section 12AA, once granted, should apply retrospectively as per the first proviso to Section 12A(2), provided the trust's objectives and activities remain unchanged. The decision was based on the principle that the legislative intent was to prevent genuine hardship to charitable organizations due to technical lapses in registration. Case-Laws Income Tax Wed, 22 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424271