At registration stage CIT not supposed to examine Nature of Activities

CIT (E), while considering an application for registration under Section 12AA, is not supposed to examine “whether applicant is entitled for certain exemptions under Section 11 or 12 or not” since that is within the jurisdiction of Assessing Authority and not CIT (E). Reliance is placed on the judgements of certain High Courts which, in brief, we may discuss hereinafter.Please become a Premium member. If you are already a Premium member, login here to access the full content.