Functional comparability governs selection of support-service and IT-enabled service comparables, with verification required for unresolved data and m...
Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Cancellation of a trust's registration cannot rest on generation of surplus alone; Section 12AA(3) requires the decision-maker to be satisfied and record that the trust's activities are not genuine or are being carried out outside its objects, and absent such findings cancellation fails. Surplus arising in the course of education does not, by itself, negate charitable character. Sections dealing with exemption conditions and registration/cancellation serve different purposes, so interpretive conclusions under exemption provisions cannot be imported wholesale into the registration framework, though the principle that educational surplus is not decisive may inform that analysis.
Cancellation of a trust's registration cannot rest on generation of surplus alone; Section 12AA(3) requires the decision-maker to be satisfied and record that the trust's activities are not genuine or are being carried out outside its objects, and absent such findings cancellation fails. Surplus arising in the course of education does not, by itself, negate charitable character. Sections dealing with exemption conditions and registration/cancellation serve different purposes, so interpretive conclusions under exemption provisions cannot be imported wholesale into the registration framework, though the principle that educational surplus is not decisive may inform that analysis.
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