https://www.taxtmi.com/caselaws?id=179471 Refusal of registration under section 12AA was examined against the assessee's reliance on toll-related rules. The authority had proceeded on proposed toll rules and had not considered the notified 2011 rules, which required toll collections to be remitted to the State Government. In that context, the character of the assessee's activities as commercial required fresh consideration. The prior decision was therefore set aside and the matter remitted for reconsideration after examining the notified 2011 rules and giving an opportunity of hearing. en-us Wed, 06 Jun 2012 00:00:00 +0530 Wed, 02 Mar 2016 17:34:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179471 Refusal of registration under section 12AA was examined against the assessee's reliance on toll-related rules. The authority had proceeded on proposed toll rules and had not considered the notified 2011 rules, which required toll collections to be remitted to the State Government. In that context, the character of the assessee's activities as commercial required fresh consideration. The prior decision was therefore set aside and the matter remitted for reconsideration after examining the notified 2011 rules and giving an opportunity of hearing. Case-Laws Income Tax Wed, 06 Jun 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179471