https://www.taxtmi.com/caselaws?id=336775 The Tribunal set aside the CIT's cancellation of registration under section 12AA, reinstating the registration for the assessee. The Tribunal found the pilgrimage tours aligned with the charitable objectives, emphasizing that registration cannot be cancelled if activities are in line with the stated objects. It noted discrepancies in the CIT's reasoning, including lack of profit motive and insufficient grounds for cancellation. Ultimately, the Tribunal ruled in favor of the assessee, highlighting that the cancellation was not legally justified and restoring the registration under section 12AA of the Income Tax Act. en-us Tue, 25 Oct 2016 00:00:00 +0530 Wed, 28 Dec 2016 09:41:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=336775 The Tribunal set aside the CIT's cancellation of registration under section 12AA, reinstating the registration for the assessee. The Tribunal found the pilgrimage tours aligned with the charitable objectives, emphasizing that registration cannot be cancelled if activities are in line with the stated objects. It noted discrepancies in the CIT's reasoning, including lack of profit motive and insufficient grounds for cancellation. Ultimately, the Tribunal ruled in favor of the assessee, highlighting that the cancellation was not legally justified and restoring the registration under section 12AA of the Income Tax Act. Case-Laws Income Tax Tue, 25 Oct 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=336775