Sec. 11 exemption to be allowed if order of cancellation of trust's registration was set aside by ITAT

INCOME TAX : Where Commissioner (Appeals) disallowed exemption under section 11 claimed by assessee charitable institution specifically on ground that registration granted to assessee under section 12A was cancelled by Director (Exemption) for reason that assessee was earning income by exploiting its assets commercially, since Tribunal had set aside said order of cancellation of registration under section 12A and restored registration to assessee, order of Commissioner (Appeals) of disallowance

from www.taxmann.com Latest Case Laws https://ift.tt/2IE9Zb6