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    <title>2017 (10) TMI 527 - ITAT KOLKATA</title>
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    <description>The tribunal held that the order cancelling the registration of the assessee trust under section 12AA(3) of the Income Tax Act was not justified. The statement of the managing trustee of another trust was deemed inadmissible without corroboration, the trust&#039;s activities were genuine, no evidence of money laundering was found, and the denial of cross-examination violated natural justice. Consequently, the tribunal quashed the order and allowed the appeal of the assessee trust.</description>
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      <title>2017 (10) TMI 527 - ITAT KOLKATA</title>
      <link>https://www.taxtmi.com/caselaws?id=349372</link>
      <description>The tribunal held that the order cancelling the registration of the assessee trust under section 12AA(3) of the Income Tax Act was not justified. The statement of the managing trustee of another trust was deemed inadmissible without corroboration, the trust&#039;s activities were genuine, no evidence of money laundering was found, and the denial of cross-examination violated natural justice. Consequently, the tribunal quashed the order and allowed the appeal of the assessee trust.</description>
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      <pubDate>Fri, 15 Sep 2017 00:00:00 +0530</pubDate>
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