Assessee Trust's Section 12AA Registration Cancelled Due to Trade-Like Activities; Lacks Support for Disadvantaged Groups.

Assessee Trust's Section 12AA Registration Cancelled Due to Trade-Like Activities; Lacks Support for Disadvantaged Groups. https://www.taxtmi.com/highlights?id=6957 Registration granted u/s 12AA cancelled - the activities of the assessee trust clearly constitute activities in the nature of trade, commerce or business because no plots are reserved for any socio-economically lower society, there is no element of donation or support to any cause - AT en-us Tue, 26 Feb 2013 08:08:49 +0530 Tue, 26 Feb 2013 08:08:49 +0530 TaxTMI RSS Generator Assessee Trust's Section 12AA Registration Cancelled Due to Trade-Like Activities; Lacks Support for Disadvantaged Groups. https://www.taxtmi.com/highlights?id=6957 Registration granted u/s 12AA cancelled - the activities of the assessee trust clearly constitute activities in the nature of trade, commerce or business because no plots are reserved for any socio-economically lower society, there is no element of donation or support to any cause - AT Highlights Income Tax Tue, 26 Feb 2013 08:08:49 +0530 https://www.taxtmi.com/highlights?id=6957