https://www.taxtmi.com/caselaws?id=329922 The Tribunal upheld the cancellation of registration under section 12AA(3) of the Income Tax Act for the appellant company, finding its activities primarily benefited members rather than the general public. The receipts, considered commercial under the proviso to Sec.2(15) of the Act, exceeded the threshold, leading to the loss of charitable purposes. Despite arguments on mutuality and charitable intent, the Tribunal affirmed the withdrawal of registration post the 1.4.2009 amendment, emphasizing the commercial nature of the activities and the failure to meet the revised definition of charitable purposes. en-us Wed, 15 Jun 2016 00:00:00 +0530 Tue, 12 Jul 2016 12:08:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=329922 The Tribunal upheld the cancellation of registration under section 12AA(3) of the Income Tax Act for the appellant company, finding its activities primarily benefited members rather than the general public. The receipts, considered commercial under the proviso to Sec.2(15) of the Act, exceeded the threshold, leading to the loss of charitable purposes. Despite arguments on mutuality and charitable intent, the Tribunal affirmed the withdrawal of registration post the 1.4.2009 amendment, emphasizing the commercial nature of the activities and the failure to meet the revised definition of charitable purposes. Case-Laws Income Tax Wed, 15 Jun 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=329922