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2015 (2) TMI 802 - HC - Income TaxCondonation of delay - Tribunal declining to condone the delay of 445 days in filing the appeal against rejection order - Held that:- Condonation of delay is not a matter of right. Delay can be condoned by the Tribunal only if it is satisfied that the delay has been satisfactorily explained by the appellant. Reading of the order passed by the Tribunal shows that the appellant failed in providing any satisfactory explanation for the inordinate delay of 445 days. It was, therefore, that the Tribunal rightly declined the prayer. - Decided against assessee. Registration under section 12A rejected - Retrospective registration under section 12A - Held that:- We are satisfied that the Commissioner could not grant registration with retrospective effect. If that be so, the Commissioner could have granted registration only with effect from the commencement of the assessment year in which the application in question was made. Therefore, we cannot find fault with the view taken by the Commissioner or the Tribunal granting registration with effect from April 1, 2006 as there was no circumstances justifying the condonation of delay for the previous period or registration for any period prior to April 1, 2006. - Decided against assessee.
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