https://www.taxtmi.com/caselaws?id=460734 An application for permanent registration under section 12AB(1)(b)(ii) of the Income-tax Act was wrongly treated as premature and non-maintainable because an earlier provisional registration was still stated to be valid for a later assessment year. The statutory scheme requires the authority to examine the application, call for the necessary documents and record satisfaction before deciding registration, rather than rejecting it on an incorrect maintainability premise. On these facts, the rejection as premature was held unsustainable and the matter was remanded for fresh consideration. en-us Tue, 09 Jan 2024 00:00:00 +0530 Thu, 13 Feb 2025 19:08:27 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=460734 An application for permanent registration under section 12AB(1)(b)(ii) of the Income-tax Act was wrongly treated as premature and non-maintainable because an earlier provisional registration was still stated to be valid for a later assessment year. The statutory scheme requires the authority to examine the application, call for the necessary documents and record satisfaction before deciding registration, rather than rejecting it on an incorrect maintainability premise. On these facts, the rejection as premature was held unsustainable and the matter was remanded for fresh consideration. Case-Laws Income Tax Tue, 09 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=460734