https://www.taxtmi.com/caselaws?id=279030 The ITAT upheld the PCIT's decision to cancel the trust's registration under Section 12AA(3) due to various violations, including collecting capitation fees, advancing funds to a sister concern without justification, and making excessive payments to the managing trustee's daughter. The trust's actions were deemed to be against its declared objects and in violation of legal principles, leading to the denial of tax exemptions and dismissal of the appeals filed by the assessee. en-us Tue, 19 Jun 2018 00:00:00 +0530 Fri, 01 Mar 2019 07:34:24 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=279030 The ITAT upheld the PCIT's decision to cancel the trust's registration under Section 12AA(3) due to various violations, including collecting capitation fees, advancing funds to a sister concern without justification, and making excessive payments to the managing trustee's daughter. The trust's actions were deemed to be against its declared objects and in violation of legal principles, leading to the denial of tax exemptions and dismissal of the appeals filed by the assessee. Case-Laws Income Tax Tue, 19 Jun 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=279030