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RU
Old Trust Can’t Be Denied 5-Year Registration Due to Portal Technical Glitch: ITAT Chennai
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Consequently, the assessee was compelled to apply under clause (vi) and was granted only provisional registration for three years from AY 2023-24.
This resulted in a break in registration for AY 2022-23 and denial of exemption under Section 11 for that year.
The Tribunal held that the assessee, being an old trust registered since 1986, was legally entitled to five-year registration.
Veerappan, which contents states that the assessee Temple Trust is an old Trust, enjoying 12A registration from the year 1986; and the delay in filing of appeals were not intentional/deliberate.
Per contra, Ld.DR doesn’t want us to condone the delay and wants us to dismiss the appeals of the assessee Trust.