https://www.taxtmi.com/caselaws?id=40389 SC held that registration under s.12A (by Form 10A within one year of trust creation/establishment) is a condition precedent to claiming exemptions under ss.11 and 12. The chief CIT/CIT has limited discretion to admit late applications, but absent valid registration the institution cannot invoke s.11(1)(a). Because the appellant corporation was not registered under s.12A, it was not entitled to tax exemption under ss.11(1)(a) and 12, and the appeals were dismissed without deciding the substantive merits. en-us Tue, 27 Nov 2007 00:00:00 +0530 Fri, 12 Sep 2025 16:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=40389 SC held that registration under s.12A (by Form 10A within one year of trust creation/establishment) is a condition precedent to claiming exemptions under ss.11 and 12. The chief CIT/CIT has limited discretion to admit late applications, but absent valid registration the institution cannot invoke s.11(1)(a). Because the appellant corporation was not registered under s.12A, it was not entitled to tax exemption under ss.11(1)(a) and 12, and the appeals were dismissed without deciding the substantive merits. Case-Laws Income Tax Tue, 27 Nov 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=40389