https://www.taxtmi.com/caselaws?id=325644 The Tribunal allowed the appeal of the assessee, condoning the delay in filing the appeal against the cancellation of registration u/s 12AA of the Income-tax Act, 1961. It held that the activity of issuing certificates of origin by the trust was charitable in nature and incidental to its main charitable purpose, setting aside the cancellation order. The Tribunal interpreted the first proviso to sec. 2(15) restrictively, determining that activities furthering the trust's charitable object did not constitute 'business', 'trade', or 'commerce'. en-us Thu, 25 Feb 2016 00:00:00 +0530 Fri, 25 Mar 2016 09:35:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=325644 The Tribunal allowed the appeal of the assessee, condoning the delay in filing the appeal against the cancellation of registration u/s 12AA of the Income-tax Act, 1961. It held that the activity of issuing certificates of origin by the trust was charitable in nature and incidental to its main charitable purpose, setting aside the cancellation order. The Tribunal interpreted the first proviso to sec. 2(15) restrictively, determining that activities furthering the trust's charitable object did not constitute 'business', 'trade', or 'commerce'. Case-Laws Income Tax Thu, 25 Feb 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=325644