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    <title>2016 (2) TMI 1023 - ITAT MUMBAI</title>
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    <description>The Tribunal upheld the decision of the DIT(E) to cancel the assessee&#039;s registration under Section 12AA(3) due to the commercial nature of its activities and gross receipts exceeding the statutory limit. The Tribunal also affirmed the retrospective application of the cancellation from the assessment year 2009-10. The appeal was dismissed in favor of the tax authority.</description>
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      <description>The Tribunal upheld the decision of the DIT(E) to cancel the assessee&#039;s registration under Section 12AA(3) due to the commercial nature of its activities and gross receipts exceeding the statutory limit. The Tribunal also affirmed the retrospective application of the cancellation from the assessment year 2009-10. The appeal was dismissed in favor of the tax authority.</description>
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