https://www.taxtmi.com/caselaws?id=339534 Registration of a charitable trust under Section 12AA(3) could not be cancelled merely because receipts from commercial activities exceeded the proviso to Section 2(15) for one year. The distinction between registration and exemption was material: denial of exemption for a particular assessment year under Section 13(8) did not by itself justify cancellation. Cancellation was permissible only where the trust was not genuine or its activities were not carried out in accordance with its objects. A single year of excess commercial receipts, without more, did not establish non-genuineness, so cancellation was unjustified and the Revenue's challenge failed. en-us Tue, 14 Feb 2017 00:00:00 +0530 Mon, 28 Jul 2025 15:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339534 Registration of a charitable trust under Section 12AA(3) could not be cancelled merely because receipts from commercial activities exceeded the proviso to Section 2(15) for one year. The distinction between registration and exemption was material: denial of exemption for a particular assessment year under Section 13(8) did not by itself justify cancellation. Cancellation was permissible only where the trust was not genuine or its activities were not carried out in accordance with its objects. A single year of excess commercial receipts, without more, did not establish non-genuineness, so cancellation was unjustified and the Revenue's challenge failed. Case-Laws Income Tax Tue, 14 Feb 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339534