https://www.taxtmi.com/caselaws?id=339545 The High Court upheld the Tribunal's decision to set aside the Commissioner's cancellation of trust registration for the Respondent-Institutions under Section 12AA(3) of the Income Tax Act. The Court emphasized that the Commissioner failed to demonstrate non-compliance with trust objectives, as required by the Act, rendering the cancellation unjustified. As such, the Court dismissed the Revenue's appeals and ruled in favor of the Respondent-Institutions, reinstating their registration as a trust. en-us Tue, 17 Jan 2017 00:00:00 +0530 Sat, 13 May 2017 12:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=339545 The High Court upheld the Tribunal's decision to set aside the Commissioner's cancellation of trust registration for the Respondent-Institutions under Section 12AA(3) of the Income Tax Act. The Court emphasized that the Commissioner failed to demonstrate non-compliance with trust objectives, as required by the Act, rendering the cancellation unjustified. As such, the Court dismissed the Revenue's appeals and ruled in favor of the Respondent-Institutions, reinstating their registration as a trust. Case-Laws Income Tax Tue, 17 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=339545