https://www.taxtmi.com/caselaws?id=333517 The Tribunal found that the activities conducted by the assessee, including organizing cricket matches, receiving contributions, and developing cricket stadiums, were aligned with its charitable objectives. It held that the cancellation of registration under Section 12AA(3) by the DIT(E) was not justified as the alleged commercial activities were deemed to serve charitable purposes. Relying on judicial decisions and a CBDT circular, the Tribunal allowed the assessee's appeal, reinstating the registration under Section 12A of the Income Tax Act. en-us Thu, 13 Oct 2016 00:00:00 +0530 Sat, 15 Oct 2016 11:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=333517 The Tribunal found that the activities conducted by the assessee, including organizing cricket matches, receiving contributions, and developing cricket stadiums, were aligned with its charitable objectives. It held that the cancellation of registration under Section 12AA(3) by the DIT(E) was not justified as the alleged commercial activities were deemed to serve charitable purposes. Relying on judicial decisions and a CBDT circular, the Tribunal allowed the assessee's appeal, reinstating the registration under Section 12A of the Income Tax Act. Case-Laws Income Tax Thu, 13 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=333517