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    <title>2014 (9) TMI 424 - ITAT HYDERABAD</title>
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    <description>The tribunal held that the cancellation of registration under section 12AA(3) by the DIT(E) was legally unsustainable. The issues of investment in shares and obtaining unsecured loans had been previously resolved in favor of the assessee, and the DIT(E) could not revisit these matters to justify cancellation. The tribunal quashed the impugned order and allowed the assessee&#039;s appeal.</description>
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      <description>The tribunal held that the cancellation of registration under section 12AA(3) by the DIT(E) was legally unsustainable. The issues of investment in shares and obtaining unsecured loans had been previously resolved in favor of the assessee, and the DIT(E) could not revisit these matters to justify cancellation. The tribunal quashed the impugned order and allowed the assessee&#039;s appeal.</description>
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