2019 (9) TMI 506 - SCH - Income Tax

Deemed registration under Section 12A - registration under Section 12AA(2) - HELD THAT - Additional Solicitor General has submitted that the issue as to whether the provisions of Section 12AA of the Income Tax Act, 1961 are directory or mandatory need to be considered. Delay condoned. Issue notice.

Summary

The Supreme Court considered whether Section 12AA of the Income Tax Act, 1961 is mandatory or directory. The delay was condoned, and notice was issued, tagging with SLP(C) Diary No. 7607/2019.