https://www.taxtmi.com/highlights?id=37285 Denial of exemption u/s 11 - cancellation of registration u/s 12AA(3) - Since the assessee is in the micro finance activity, the activity itself is a charitable activity - advances were made to the rural poor - CIT has not proved that there is no charitable activity and the society is not genuine and is running on commercial activity with tangible evidence. - Registration restored - AT en-us Mon, 25 Dec 2017 08:50:19 +0530 Mon, 25 Dec 2017 08:50:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=37285 Denial of exemption u/s 11 - cancellation of registration u/s 12AA(3) - Since the assessee is in the micro finance activity, the activity itself is a charitable activity - advances were made to the rural poor - CIT has not proved that there is no charitable activity and the society is not genuine and is running on commercial activity with tangible evidence. - Registration restored - AT Highlights Income Tax Mon, 25 Dec 2017 08:50:19 +0530 https://www.taxtmi.com/highlights?id=37285