https://www.taxtmi.com/caselaws?id=754667 ITAT Chennai allowed the appeal and directed PCIT/CIT to grant registration under section 12AB from assessment year 2021-22 onwards. The assessee trust, previously registered under section 12AA, filed fresh application in Form 10A within due date following TOLA 2020 amendments. PCIT/CIT incorrectly granted registration only from 2022-23 to 2026-27, denying 2021-22 coverage without justification. The tribunal found CPC's denial of section 11 benefits was incorrect since assessee couldn't file registration details due to unavailability of fresh registration. Matter remitted back to PCIT/CIT for proper registration grant from 2021-22. en-us Wed, 24 Jan 2024 00:00:00 +0530 Thu, 27 Jun 2024 16:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754667 ITAT Chennai allowed the appeal and directed PCIT/CIT to grant registration under section 12AB from assessment year 2021-22 onwards. The assessee trust, previously registered under section 12AA, filed fresh application in Form 10A within due date following TOLA 2020 amendments. PCIT/CIT incorrectly granted registration only from 2022-23 to 2026-27, denying 2021-22 coverage without justification. The tribunal found CPC's denial of section 11 benefits was incorrect since assessee couldn't file registration details due to unavailability of fresh registration. Matter remitted back to PCIT/CIT for proper registration grant from 2021-22. Case-Laws Income Tax Wed, 24 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754667