Cancellation of Registration of Trust u/s 12 AB of Income Tax Act due to Failure of Assessee to Furnish Genuiness of Activities: ITAT orders Re-Adjudication [Read Order]

Cancellation of Registration of Trust - Income Tax Act - Cancellation - Failure of Assessee to Furnish Genuiness of Activities - ITAT orders Re-Adjudication -Re-Adjudication - taxscan

The Pune Bench of the Income Tax Appellate Tribunal (ITAT) held that the cancellation of registration of Trust under Section 12 AB of Income Tax Act, 1961 due to failure of assessee to respond to the notices of the Commissioner of Income Tax (Exemption) [CIT(E)] regarding genuiness of activities is not in the interest of…

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