1986 (12) TMI 83

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....n respect of the year under appeal. The ITO while processing the assessment noticed that there was no application filed in Form No. 12 and informed the assessee of his intention not to grnat continuation of registration vide notice dt.16th June, 1978. This was responded to by the firm through Shri G.D. Kalra, one of the partners, who submitted that he had got Form No. 12 completed and signed from all the partners and had given the same to the Accountant, Shri Satish Kumar for delivering in the Income-tax Office, Faridabad along with the return for asst. yr. 1976-77. In support an affidavit was submitted. The assessee also informed the ITO that unfortunately there being no evidence in support of Form 12 having been filed with the return, a f....

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....de judgment/order dt.30th Sept., 1981. In the fresh order dt.1st Feb., 1985, the ld. AAC held that there was sufficient and valid reason for filing Form No. 12 late and, therefore, condoing the delay he directed the ITO to allow continuation of registration. 4. For the Revenue Shri N.B. Singh very vehemently and strenuously argued that the assessee having resorted to unfounded and unbelievable stories and having not filed Form No. 12 with the return as such the ITO rightly declined registration. 5. For the respondent Shri Y. P. Mahna, Advocate very effectively pleaded that whatever may be the circumstances and may be that there was lot of confusion emanating from the assessee's Accountant's version and the partner's averments, but the fac....