https://www.taxtmi.com/highlights?id=47702 Cancellation/withdrawal of registration/approval u/s 12AA/10(23C)(vi) with retrospective effect - The AO while completing the assessment for AY 2010-11 after search found large scale diversion of funds and several improper actions in direct conflict to the terms of the Deed of Trust and conditions of registration/exemption and recommended to the competent authority to initiate proceedings for cancellation - it will take effect from the AY 2010-2011 and it is a mis-nomer that the orders are retrospective or retroactive en-us Sat, 06 Jul 2019 08:00:38 +0530 Sat, 06 Jul 2019 08:00:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=47702 Cancellation/withdrawal of registration/approval u/s 12AA/10(23C)(vi) with retrospective effect - The AO while completing the assessment for AY 2010-11 after search found large scale diversion of funds and several improper actions in direct conflict to the terms of the Deed of Trust and conditions of registration/exemption and recommended to the competent authority to initiate proceedings for cancellation - it will take effect from the AY 2010-2011 and it is a mis-nomer that the orders are retrospective or retroactive Highlights Income Tax Sat, 06 Jul 2019 08:00:38 +0530 https://www.taxtmi.com/highlights?id=47702