https://www.taxtmi.com/caselaws?id=178750 The tribunal allowed the appeal, restoring the registration of the trust under section 12A for AY 2009-10. The DIT(E) lacked jurisdiction to cancel the registration, as the amended provisions of section 12AA(3) were not retroactive, and the CBDT Circular No.1/2011 supported this interpretation. The trust's activities were considered business in nature, triggering the proviso to section 2(15), but the cancellation was deemed unjustified for the relevant year. en-us Fri, 21 Feb 2014 00:00:00 +0530 Fri, 12 Feb 2016 10:05:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=178750 The tribunal allowed the appeal, restoring the registration of the trust under section 12A for AY 2009-10. The DIT(E) lacked jurisdiction to cancel the registration, as the amended provisions of section 12AA(3) were not retroactive, and the CBDT Circular No.1/2011 supported this interpretation. The trust's activities were considered business in nature, triggering the proviso to section 2(15), but the cancellation was deemed unjustified for the relevant year. Case-Laws Income Tax Fri, 21 Feb 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=178750