https://www.taxtmi.com/caselaws?id=773981 HC held that assessment proceedings pending in appeal before ITAT constitute "assessment proceedings" under first proviso to Section 12A(2) of IT Act. The court ruled that registration granted under Section 12AA operates retrospectively for all relevant years where assessment proceedings were pending, even if registration was granted after the assessment year. The proviso was deemed curative and retrospective to prevent hardship to charitable organizations. ITAT's order rejecting the appeal was set aside, and the charitable society was held entitled to exemption under Sections 11 & 12 for assessment year 2016-17, despite registration being granted in 2023. en-us Tue, 10 Jun 2025 00:00:00 +0530 Tue, 10 Mar 2026 15:27:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=773981 HC held that assessment proceedings pending in appeal before ITAT constitute "assessment proceedings" under first proviso to Section 12A(2) of IT Act. The court ruled that registration granted under Section 12AA operates retrospectively for all relevant years where assessment proceedings were pending, even if registration was granted after the assessment year. The proviso was deemed curative and retrospective to prevent hardship to charitable organizations. ITAT's order rejecting the appeal was set aside, and the charitable society was held entitled to exemption under Sections 11 & 12 for assessment year 2016-17, despite registration being granted in 2023. Case-Laws Income Tax Tue, 10 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=773981