https://www.taxtmi.com/caselaws?id=778008 ITAT dismissed the appeal, holding the appellant was not registered under sections 12A/12AA/12AB for the relevant years and therefore sections 11 and 12 did not apply. Filing of Form 9A/10/10B/10BB was irrelevant where no registration existed, and the claim that statutory betterment/rejuvenation fees qualified as capital receipts under section 11(1)(d) failed. Subsequent registration did not confer exemption for earlier years. Accordingly, exemption claims under sections 11 and 12 were denied. en-us Wed, 25 Jun 2025 00:00:00 +0530 Tue, 09 Sep 2025 08:38:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=778008 ITAT dismissed the appeal, holding the appellant was not registered under sections 12A/12AA/12AB for the relevant years and therefore sections 11 and 12 did not apply. Filing of Form 9A/10/10B/10BB was irrelevant where no registration existed, and the claim that statutory betterment/rejuvenation fees qualified as capital receipts under section 11(1)(d) failed. Subsequent registration did not confer exemption for earlier years. Accordingly, exemption claims under sections 11 and 12 were denied. Case-Laws Income Tax Wed, 25 Jun 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=778008