https://www.taxtmi.com/caselaws?id=434079 The appeal was filed against the order of the CIT(E) under Section 12AA of the Income Tax Act for the assessment year 2021-22, challenging the rejection of the application seeking registration. The assessee's bonafide belief, existing valid registrations, and Covid-19 related extensions were considered. The bench found in favor of the assessee, noting the valid registration and approval granted, leading to the appeal's allowance. The decision emphasized the importance of the assessee's belief, legal provisions, and specific circumstances, vacating the CIT(E)'s order dated 04.03.2021. en-us Tue, 14 Feb 2023 00:00:00 +0530 Thu, 16 Feb 2023 10:30:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=434079 The appeal was filed against the order of the CIT(E) under Section 12AA of the Income Tax Act for the assessment year 2021-22, challenging the rejection of the application seeking registration. The assessee's bonafide belief, existing valid registrations, and Covid-19 related extensions were considered. The bench found in favor of the assessee, noting the valid registration and approval granted, leading to the appeal's allowance. The decision emphasized the importance of the assessee's belief, legal provisions, and specific circumstances, vacating the CIT(E)'s order dated 04.03.2021. Case-Laws Income Tax Tue, 14 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=434079