https://www.taxtmi.com/caselaws?id=426990 The appeals filed by the Assessee were dismissed due to significant delays in filing and insufficient justification for condonation. The Tribunal highlighted the importance of diligence in pursuing legal rights and timely action to benefit from provisions like Section 12A. The Trust's failure to obtain timely registration under Section 12AA led to its assessment as an Association of Persons for the relevant years. The Tribunal upheld the assessment orders, emphasizing that registration under Section 12AA is crucial for claiming exemptions under Section 11. en-us Fri, 26 Aug 2022 00:00:00 +0530 Tue, 30 Aug 2022 10:10:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=426990 The appeals filed by the Assessee were dismissed due to significant delays in filing and insufficient justification for condonation. The Tribunal highlighted the importance of diligence in pursuing legal rights and timely action to benefit from provisions like Section 12A. The Trust's failure to obtain timely registration under Section 12AA led to its assessment as an Association of Persons for the relevant years. The Tribunal upheld the assessment orders, emphasizing that registration under Section 12AA is crucial for claiming exemptions under Section 11. Case-Laws Income Tax Fri, 26 Aug 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=426990