https://www.taxtmi.com/caselaws?id=364808 The High Court upheld the Tribunal's decision in an income tax appeal case, ruling in favor of the respondent, Meerut Development Authority. The issue centered on the withdrawal of registration under Section 12AA due to the proviso to Section 2(15) of the Income Tax Act, 1961. The Court determined that the proviso applied from 1st April, 2009, and as the registration was granted in May 2007, the withdrawal in March 2009 was not justified. Consequently, the Court dismissed the appeal, affirming the Tribunal's decision. en-us Thu, 19 Jul 2018 00:00:00 +0530 Sat, 04 Aug 2018 08:30:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=364808 The High Court upheld the Tribunal's decision in an income tax appeal case, ruling in favor of the respondent, Meerut Development Authority. The issue centered on the withdrawal of registration under Section 12AA due to the proviso to Section 2(15) of the Income Tax Act, 1961. The Court determined that the proviso applied from 1st April, 2009, and as the registration was granted in May 2007, the withdrawal in March 2009 was not justified. Consequently, the Court dismissed the appeal, affirming the Tribunal's decision. Case-Laws Income Tax Thu, 19 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=364808