AO rightly cancelled registration granted u/ss 12AA amp; 80G to trust as it was receiving bogus donations: SC

INCOME TAX : Where answers given to questionnaire by Managing Trustee of assessee-Trust showed that donations were received by way of cheques out of which substantial money was ploughed back or returned to donors in cash and thus registration conferred upon it under sections 12AA and 80G was completely being misused by Trust, Income-tax authorities were right and justified in cancelling registration under sections 12AA and 80G to Trust

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