2021 (3) TMI 969

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....sel For the Respondent : Mr.T.Vasudevan JUDGMENT M.DURAISWAMY, J. Challenging the order passed in I.T.A.No.1877/Mds/2009 on the file of the Income Tax Appellate Tribunal, Chennai, "B" Bench, the Revenue has filed the above appeal. 2.The appellant has raised the following substantial questions of law in the grounds of appeal: "1)Whether on the facts and in the circumstances ....

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....registration even though the assessee had not explained the delay from January 2003 to 2006 and the assessee Trust itself had by its letter dated 09.10.2009 foregone its claim for registration with retrospective effect?" 3.When the above appeal came up for admission on 31.08.2010, the Hon'ble Division Bench of this Court admitted the appeal on the 2nd question of law. As far as the question....

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....ce with the observation made by the Tribunal. The application for registration was made by the assessee - Trust on 27.02.2006 for getting the registration done retrospectively from 01.04.2002. 5.As per Section 12A (1) proviso (2) of the Income Tax Act, the registration of the Trust or Institution shall be made from the first day of the Financial Year in which the application is made. So far as ....