https://www.taxtmi.com/caselaws?id=212476 The Tribunal set aside the cancellation of registration under Section 12A(a) of the Income-tax Act, restoring the registration as the Director lacked authority at the time of cancellation. The Tribunal upheld the disqualification of an advance under Section 13(3) given to a specified person for land purchase. Contributions to various funds were held as income, subject to verification of related expenses. The Tribunal remitted the issues of AOP status and maximum marginal rate application for readjudication due to lack of discussion. The challenge to interest chargeability was deemed dependent on other issues. en-us Fri, 14 Oct 2011 00:00:00 +0530 Wed, 16 May 2012 19:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=212476 The Tribunal set aside the cancellation of registration under Section 12A(a) of the Income-tax Act, restoring the registration as the Director lacked authority at the time of cancellation. The Tribunal upheld the disqualification of an advance under Section 13(3) given to a specified person for land purchase. Contributions to various funds were held as income, subject to verification of related expenses. The Tribunal remitted the issues of AOP status and maximum marginal rate application for readjudication due to lack of discussion. The challenge to interest chargeability was deemed dependent on other issues. Case-Laws Income Tax Fri, 14 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=212476