Court : Income Tax Appellate Tribunal ITAT Chandigarh
Reported in : (2007)106TTJ(Chd.)1096
..... the effect of registration to the very date of creation of the trust or institution. as a matter of fact, by the amendment of the proviso below clause (a) of section 12a by the finance (no. 2) act, 1991, w.e.f. 1st oct., 1991, it is not made clear by the legislature itself that where condonation is ..... order passed by the cit granting registration, it would be appropriate to understand the mechanics of section 12aa which provides the procedure for registration under the act. section 12a of the act which deals with the conditions as to registration of trusts, etc. provides that the provisions of sections 11 and 12 shall not apply in relation ..... club", sector 6 chandigarh, registered with the registrar of firms and societies, punjab on 25th aug., 1966 has filed the registration application under section 12a(a) of the it act, 1961, in the prescribed form on 31st march, 1998. the application is not in time. the delay in filing application for registration is condoned. registration is allowed to .....
Tag this Judgment!Court : Income Tax Appellate Tribunal ITAT Chandigarh
Reported in : (2006)8SOT788(Chd.)
..... effect of registration to the very date of creation of the trust or institution.as a matter of fact, by the amendment of the proviso below clause (a) of section 12a by the finance (no. 2) act, 199 1, with effect from 1-10-1991, it is not made clear by the legislature itself that where condonation ..... on facts, that the registration was understood to have been granted prospectively with effect from 1-4-1997, as contended by the assessing officer. the scheme of the act, prescribing the procedure for registration, itself provides that once the commissioner is satisfied, for reasons to be recorded in writing, that the person in receipt of income ..... order passed by the commissioner granting registration, it would be appropriate to understand the mechanics of section 12aa which provides the procedure for registration under the act. section 12a of the act, which deals with the conditions as to registration of trusts, etc., provides that the provisions of sections 11 and 12 shall not apply in relation .....
Tag this Judgment!Court : Income Tax Appellate Tribunal ITAT Chandigarh
Reported in : (2007)107ITD343(Chd.)
..... . 496, dt. 25th sept., 1987 providing for allowance of deduction in respect of the sales-tax deferred payment would apply only if a state government had amended its sales-tax act to provide that the sales-tax that was deferred under an incentive scheme framed by it would be treated as actually paid so as to meet the requirements ..... by interpretative process to make the position beyond controversy or doubt. their lordships of the supreme court in the case of dilip n. shroff v. jt. cit (2007) 210 ctr (sc) 228 : (2007) 291 itr 519 (sc) defined the object of an explanation to a statutory provision as under: the object of an explanation to a statutory provisions is : (a ..... ) to explain the meaning and intendment of the act itself; (b) where there is any obscurity or vagueness in the main enactment, to clarify the same so as .....
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