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2013 (10) TMI 115 - HC - Income TaxCondoning the delay in filing the application or registration u/s 12 AA of the Act without assigning any reason for condoning the delay – Held that:- Reliance has been placed upon the judgment in the case of Commissioner of Income Tax Vs. Krishi Utpadan Mandi Samiti [2009 (12) TMI 13 - HIGH COURT OF ALLAHABAD], wherein it has been held that registration of mandi samities, established by notification in exercise of powers under Section 12 of the Krishi Utapadan Mandi Ahiniyam 1964, as statutory body, with the object to regulate the sale and purchase of the agricultural produce and also to develop the facilities for the farmers, are entitled for registration u/s 12-A of the Act as a trust, even if the application for registration was submitted belatedly – In the instant case, delay in submitting application for registration has been condoned and the department has been directed to registration of the respondent – Decided against the Revenue.
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