Monday, October 11, 2021

CIT can’t cancel registration merely on basis of info. from investigation wing that trust received ingenuine donations

INCOME TAX : Where on basis of information from Investigation Wing that assessee had received ingenuine donations from donors, registration granted under section 12AA to trust was withdrawn and cancelled, since there was no tangible evidence to effect that assessee had received ingenuine donation, registration of charitable trust per se could not be withdrawn and cancelled

from www.taxmann.com Latest Case Laws https://www.taxmann.com/research/direct-tax-laws/top-story/101010000000316433/cit-can’t-cancel-registration-merely-on-basis-of-info-from-investigation-wing-that-trust-received-ingenuine-donations.aspx

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