SC quashes HC ruling that one bogus donation wouldn't establish activities of trust non-bonafide

IT : Where registration of assessee trust u/s 12AA was cancelled for receiving a bogus donation but High Court by impugned order restored registration holding that one bogus donation would not establish that activities of trust are not genuine, it is held that reason assigned by High Court is erroneous and runs contrary to plain language of section 12AA(3) and, therefore, order of High Court is to be set aside and matter is remanded to appellate authority i.e. Commissioner ( Exemptions) for cons

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