https://www.taxtmi.com/caselaws?id=62516 The tribunal allowed the appeal, ruling that the CIT's order to cancel the appellant society's registration under Section 12AA was premature and issued in haste. The tribunal found that the CIT should have waited until the completion of the search and seizure assessment before deciding on the cancellation. The order was deemed an improper interruption in the assessment process. Consequently, the appellant's registration under Section 12AA was reinstated, and the ongoing assessment proceedings were unaffected by this decision. en-us Fri, 05 Oct 2007 00:00:00 +0530 Fri, 02 Feb 2024 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62516 The tribunal allowed the appeal, ruling that the CIT's order to cancel the appellant society's registration under Section 12AA was premature and issued in haste. The tribunal found that the CIT should have waited until the completion of the search and seizure assessment before deciding on the cancellation. The order was deemed an improper interruption in the assessment process. Consequently, the appellant's registration under Section 12AA was reinstated, and the ongoing assessment proceedings were unaffected by this decision. Case-Laws Income Tax Fri, 05 Oct 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62516