https://www.taxtmi.com/caselaws?id=403284 The Tribunal quashed the order of the Pr. CIT (Central) cancelling the registration of the assessee trust under Section 12A. It held that the Pr. CIT (Central) lacked jurisdiction to cancel the registration, emphasizing that such authority rests with the CIT (Exemption). The Tribunal ruled that the cancellation could not be based on procedural defaults or have a retrospective effect. Additionally, it found no evidence to support the allegations of misappropriation or that the trust's activities were not genuine, setting aside the Pr. CIT (Central)'s order. en-us Wed, 06 Jan 2021 00:00:00 +0530 Sat, 23 Jan 2021 11:15:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=403284 The Tribunal quashed the order of the Pr. CIT (Central) cancelling the registration of the assessee trust under Section 12A. It held that the Pr. CIT (Central) lacked jurisdiction to cancel the registration, emphasizing that such authority rests with the CIT (Exemption). The Tribunal ruled that the cancellation could not be based on procedural defaults or have a retrospective effect. Additionally, it found no evidence to support the allegations of misappropriation or that the trust's activities were not genuine, setting aside the Pr. CIT (Central)'s order. Case-Laws Income Tax Wed, 06 Jan 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=403284