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2015 (3) TMI 99 - HC - Income TaxEffect of non consideration of the application for registration within the time fixed by Section 12AA(2) - Whether would be deemed grant of registration? - Held that:- As relying of Sheela Christian Charitable case [2013 (3) TMI 268 - MADRAS HIGH COURT] wherein held that the Tribunal was not right in holding that the failure to pass an order in an application under Section 12AA within the stipulated period of six months would automatically result in granting registration to the trust. Non disposal of an application for registration, by granting or refusing registration, before the expiry of six months as provided under Section 12AA (2) of the Income Tax Act 1961 would not result in a deemed grant of registration and the judgment of the Division Bench of this Court in Society for the Promotion of Education Adventure Sport & Conservation of Environment [2008 (4) TMI 700 - ALLAHABAD HIGH COURT] does not lay down the correct position of law. - The appeal shall now be placed before the regular bench in accordance with the roster for final disposal in terms of the questions so answered - Decided against assessee.
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