The assessee trust made application for registration on 4th February, 2020. The affidavit was filed explain the objects of the Trust on 11th September 2020. CIT(E) granted exemption from the Assessment year 2021-22. On appeal the Tribunal held that the assessee is eligible for exemption from the assessment year 2020-21 instead of Assessment year 2021-22. CIT (E) is also directed to grant registration under section 80G(5) (vi) effective from assessment year 2020-21 instead of assessment year 2021-22.
Ess Kay Foundation v. CIT (2021) 199 DTR 225 (Jaipur)(Trib.)
S. 12AA : Procedure for registration-Trust or institution-Effective date of registration-Application was made on 4th February, 2020-Exemption is eligible from 1st April, 2020 i.e. Assessment year 2020-21 and not from the assessment year 2021-22 [S. 11, 12, 80G(5)(vi)]