https://www.taxtmi.com/caselaws?id=781940 ITAT Delhi allowed the assessee trust's appeal in rectification proceedings, holding that s.12AA was wrongly applied for the relevant assessment year. The appeal had earlier been dismissed on the mistaken assumption that the assessee lacked registration under the new regime and had not filed a fresh application. ITAT found that the trust held valid registration when filing its return for AY 2012-13 and had subsequently obtained registration under the amended law as well. Consequently, ITAT set aside the CIT(A)'s order and directed deletion of the demand raised by CPC. en-us Wed, 19 Nov 2025 00:00:00 +0530 Sat, 22 Nov 2025 07:36:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781940 ITAT Delhi allowed the assessee trust's appeal in rectification proceedings, holding that s.12AA was wrongly applied for the relevant assessment year. The appeal had earlier been dismissed on the mistaken assumption that the assessee lacked registration under the new regime and had not filed a fresh application. ITAT found that the trust held valid registration when filing its return for AY 2012-13 and had subsequently obtained registration under the amended law as well. Consequently, ITAT set aside the CIT(A)'s order and directed deletion of the demand raised by CPC. Case-Laws Income Tax Wed, 19 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781940