2024 (1) TMI 373 - SCH - Income Tax

Exemption u/ 11- Cancellation of registration u/s 12A - Eligibility for interim relief - petitioner has made a case for grant of interim stay and for further examination of the matter by the court 2023 (10) TMI 39 - DELHI HIGH COURT as made out a case that the registration could not have been cancelled for years earlier than the period commencing from 28.05.2021. In the ordinary course the registration granted to the petitioner on 28.05.2021 would have extended till Assessment Year (AY) 2006-07. HELD THAT - In view of the fact that the order impugned is interim in nature we are not inclined to interfere with the impugned judgment passed by the High Court. Hence the Special Leave Petition is dismissed.

Summary

The Supreme Court dismissed the Special Leave Petition as the impugned judgment was interim in nature and they were not inclined to interfere with it. Pending applications were disposed of.