2017 (1) TMI 1654

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....passed by Income Tax Appellate Tribunal, Lucknow Bench 'A', Lucknow (hereinafter referred to as 'Tribunal') in Income Tax Appeal No.104/Luc/2012. 3. Though the appellant has formulated four substantial questions of law, but in our view, the only question which has arisen, is "whether non-disposal of application for registration within a period of six months will result in a deemed grant of registration under Section 12AA (2) of Act 1961". 4. A Full Bench of this Court in Commissioner Income Tax Vs. Muzafar Nagar Development Authority, Income Tax Appeal No.348 of 2008; was referred following two questions : "(i) Whether the non disposal of an application for registration, by granting or refusing registration, before the expiry....

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....x Appeal No.12 of 2015 and Income Tax Appeal No.13 of 2015 (U.P. State Industrial Development Corporation Ltd. vs. Commissioner of Income Tax, Kanpur & U.P. State Industrial Development Corporation Ltd. Vs. Commissioner of Income Tax, Kanpur), decided on 11.07.2016, wherein this Court followed the judgment passed in Society for Promotion of Education, Adventure Sports and conservation of Environment vs. Commissioner of Income Tax (Supra), and it has been held that if application is not decided within six months, it will result in grant of registration. 8. We find that in aforesaid judgement, the Court has not noticed the Full Bench judgement in Commissioner of Income Tax Vs. Muzafar Nagar Development Authority (Supra) and, therefore, sin....