https://www.taxtmi.com/caselaws?id=328026 The Tribunal allowed the appeals of the assessee, remanding the case back to the Commissioner of Income Tax for reconsideration. The Tribunal held that the cancellation of registration under Section 12AA was erroneous as the CIT applied the provision retrospectively, which was impermissible. Consequently, the withdrawal of approval under Section 80G(5) was also set aside. The Tribunal directed the CIT to reconsider the matter in light of the amended trust deed and its findings, emphasizing adherence to the law and principles of natural justice. en-us Fri, 15 Apr 2016 00:00:00 +0530 Wed, 25 May 2016 08:24:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=328026 The Tribunal allowed the appeals of the assessee, remanding the case back to the Commissioner of Income Tax for reconsideration. The Tribunal held that the cancellation of registration under Section 12AA was erroneous as the CIT applied the provision retrospectively, which was impermissible. Consequently, the withdrawal of approval under Section 80G(5) was also set aside. The Tribunal directed the CIT to reconsider the matter in light of the amended trust deed and its findings, emphasizing adherence to the law and principles of natural justice. Case-Laws Income Tax Fri, 15 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=328026