Appeal challenging registration cancellation under Income Tax Act dismissed, citing precedent.

The High Court dismissed the appeal challenging the cancellation of registration under Section 12AA(3) of the Income Tax Act, citing a previous judgment in a related matter where a similar issue was decided in favor of the assessee. The Court relied on its earlier decision and ruled against the Revenue, upholding the cancellation of registration.

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Issues:
Challenge to the cancellation of registration granted under Section 12A of the Income Tax Act, 1961.

Analysis:
The High Court heard the appeal arising from a judgment and order passed by the Income Tax Appellate Tribunal. The substantial question of law in this case was whether the cancellation of registration under Section 12AA(3) of the Income Tax Act was justified when the activities of the assessee were impacted by certain provisions. The counsel for both parties acknowledged that the issue was addressed in a previous judgment by the Court in a related matter. The Court referred to its earlier decision in Commissioner of Income Tax, (Exemption), Lucknow Vs. M/s Yamuna Expressway Industrial Development Authority, where a similar issue was decided on 21.04.2017. The Court, based on the reasoning provided in the previous judgment, ruled against the Revenue. Consequently, the appeal was dismissed by the Court.

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