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2022 (5) TMI 179 - SCH - Income TaxExemption u/s 11 - Deemed registration - consideration before the High Court was whether on non-deciding the application for registration under Section 12AA (2) within a period of six months, there shall be deemed registration or not? - HELD THAT:- The aforesaid aspect has been dealt with and considered in detail by the Full Bench of the Allahabad High Court in its decision in the case of Commissioner of Income Tax vs. Muzafar Nagar Development Authority [2015 (3) TMI 99 - ALLAHABAD HIGH COURT (LB)] After considering in detail the provisions of Section 12AA (2) of the Act and having found that there is no specific provision in the Act by which it provides that on non-deciding the registration application under Section 12AA (2) within a period of six months there shall be deemed registration, the Full Bench of the High Court has rightly held that even if in a case where the registration application under Section 12AA is not decided within six months, there shall not be any deemed registration. We are in complete agreement with the view taken by the Full Bench of the High Court. SLP dismissed.
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