Wrong Clause Selection Not Fatal to Proceedings’: ITAT Grants Fresh Opportunity for 12AA Registration

The Income Tax Appellate Tribunal (ITAT) ruled that wrong clause selection is not fatal to proceedings and granted a fresh opportunity for AA registration. The ITAT emphasized that procedural errors should not invalidate substantive rights. This decision ensures that taxpayers are not penalized for minor technical mistakes. The ruling promotes fairness and equity in administrative proceedings. The ITAT's decision upholds the principles of natural justice.