Alternate statutory remedy governs GST assessment challenge, with statutory appeal preserved and limitation objection barred for the permitted filing ...
The ITAT upheld the Pr. CIT(Central)'s assumption of jurisdiction to determine and cancel registration under section 12A/12AA, holding such assumption lawful pursuant to Notification No. 70/2014 and the CBDT directive, and dismissed grounds challenging jurisdiction. The Tribunal confirmed cancellation under section 12AA(3) on satisfaction of the twin conditions of non-genuineness of activities and deviation from objects, finding the trust used as a conduit for undisclosed receipts. The ITAT held retrospective cancellation permissible but modified the operative date: registration is withdrawn with effect from June 2012 (FY 2012-13) rather than 27.09.1999. Grounds 1-2 dismissed; ground 4 partly allowed.
The ITAT upheld the Pr. CIT(Central)'s assumption of jurisdiction to determine and cancel registration under section 12A/12AA, holding such assumption lawful pursuant to Notification No. 70/2014 and the CBDT directive, and dismissed grounds challenging jurisdiction. The Tribunal confirmed cancellation under section 12AA(3) on satisfaction of the twin conditions of non-genuineness of activities and deviation from objects, finding the trust used as a conduit for undisclosed receipts. The ITAT held retrospective cancellation permissible but modified the operative date: registration is withdrawn with effect from June 2012 (FY 2012-13) rather than 27.09.1999. Grounds 1-2 dismissed; ground 4 partly allowed.
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