In the result, appeal of the assessee in ITANo
Bench: Hon’Ble Rajpal Yadav & Shri Manish Boradvirtual Hearing
ab initio. Without prejudice to additional ground taken above: B. Apropos ground no. 1, 2 and 6 – Cancellation of the registration u/s 12AA retrospectively by invoking provisions of section 12AA(3) and 12AA(4), since activities of the assessee are genuine and are being carried out in accordance with the objects of the trust and thus provisions of section 12AA