https://www.taxtmi.com/caselaws?id=394954 The High Court dismissed the appeal filed by the Revenue challenging the order of the Income Tax Appellate Tribunal. The Court held that the Commissioner of Income Tax lacked jurisdiction to cancel the registration certification granted to the trust under Section 12A of the Income Tax Act. It was determined that the Commissioner did not have the express power to cancel the registration once granted, as the relevant amendment was prospective and not retrospective. Therefore, the appeals were dismissed as no illegality or perversity was found in the Tribunal's findings. en-us Tue, 11 Feb 2020 00:00:00 +0530 Thu, 30 Apr 2020 13:50:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=394954 The High Court dismissed the appeal filed by the Revenue challenging the order of the Income Tax Appellate Tribunal. The Court held that the Commissioner of Income Tax lacked jurisdiction to cancel the registration certification granted to the trust under Section 12A of the Income Tax Act. It was determined that the Commissioner did not have the express power to cancel the registration once granted, as the relevant amendment was prospective and not retrospective. Therefore, the appeals were dismissed as no illegality or perversity was found in the Tribunal's findings. Case-Laws Income Tax Tue, 11 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=394954