In the result, all the appeals filed by the assessees stand allowed
Bench: Shri Inturi Rama Rao, Am & Shri Sonjoy Sarma, Jm
section 12A(a) on grounds that activities of trust were not genuine and property and income of trust had been used for personal benefits of trustees, since activities of trust were charitable in nature and benefit that trustees were getting could not be a sole reason to cancel registration of trust, cancellation of registration of assessee to be quashed