https://www.taxtmi.com/caselaws?id=179622 The Tribunal allowed the appeal against the cancellation of registration under section 12A of the Income Tax Act, 1961. It held that the Director lacked the authority to cancel the registration under section 12A as the relevant provision, section 12AA(3), did not apply retrospectively to registrations granted under section 12A. The subsequent amendment to section 12AA(3) was deemed clarificatory and not retrospective. Consequently, the cancellation order was set aside as devoid of jurisdiction, and the appeal was allowed, quashing the cancellation order. en-us Thu, 24 Feb 2011 00:00:00 +0530 Sat, 05 Mar 2016 16:45:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=179622 The Tribunal allowed the appeal against the cancellation of registration under section 12A of the Income Tax Act, 1961. It held that the Director lacked the authority to cancel the registration under section 12A as the relevant provision, section 12AA(3), did not apply retrospectively to registrations granted under section 12A. The subsequent amendment to section 12AA(3) was deemed clarificatory and not retrospective. Consequently, the cancellation order was set aside as devoid of jurisdiction, and the appeal was allowed, quashing the cancellation order. Case-Laws Income Tax Thu, 24 Feb 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=179622