https://www.taxtmi.com/caselaws?id=298540 The Court upheld the Tribunal's decision, dismissing the appeal and ruling in favor of the assessee. It held that the registration could not be cancelled solely based on exceeding the monetary limit set by the amendment. The Court emphasized that the Board's activities were genuine and aligned with its objects, finding no grounds for cancellation under Section 12AA(3) of the Income Tax Act. en-us Mon, 12 Jan 2015 00:00:00 +0530 Tue, 09 Nov 2021 08:29:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298540 The Court upheld the Tribunal's decision, dismissing the appeal and ruling in favor of the assessee. It held that the registration could not be cancelled solely based on exceeding the monetary limit set by the amendment. The Court emphasized that the Board's activities were genuine and aligned with its objects, finding no grounds for cancellation under Section 12AA(3) of the Income Tax Act. Case-Laws Income Tax Mon, 12 Jan 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298540