https://www.taxtmi.com/caselaws?id=337590 Cancellation of section 12AA registration was examined in light of the proviso to section 2(15) and the requirement that activities remain in accordance with stated charitable objects. The CBDT circular noted that registration cannot be withdrawn merely because section 2(15) applies; cancellation must be tested under section 12AA(3) and section 12AA(4). Applying the jurisdictional High Court's binding view on the assessee's seed certification activity, the Tribunal found that the activity facilitated trade in certified seeds and involved services in relation to trade or commerce for consideration, so it did not retain charitable character for registration purposes. The withdrawal of registration was upheld. en-us Fri, 30 Sep 2016 00:00:00 +0530 Thu, 12 Jan 2017 09:03:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337590 Cancellation of section 12AA registration was examined in light of the proviso to section 2(15) and the requirement that activities remain in accordance with stated charitable objects. The CBDT circular noted that registration cannot be withdrawn merely because section 2(15) applies; cancellation must be tested under section 12AA(3) and section 12AA(4). Applying the jurisdictional High Court's binding view on the assessee's seed certification activity, the Tribunal found that the activity facilitated trade in certified seeds and involved services in relation to trade or commerce for consideration, so it did not retain charitable character for registration purposes. The withdrawal of registration was upheld. Case-Laws Income Tax Fri, 30 Sep 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337590