https://www.taxtmi.com/caselaws?id=420426 Cancellation of registration u/s. 12AA of the Income Tax Act was challenged in appeals following reasons such as lack of independence, improper fund usage, and violations of FCRA. The Tribunal ruled in favor of the appellant, annulling the cancellation. It emphasized the necessity of a completed assessment before cancellation, highlighting the premature nature of the decision and the importance of fair assessment procedures. The judgment underscored the significance of upholding due process and respecting the independence of assessing authorities. en-us Thu, 17 Mar 2022 00:00:00 +0530 Sat, 02 Apr 2022 11:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=420426 Cancellation of registration u/s. 12AA of the Income Tax Act was challenged in appeals following reasons such as lack of independence, improper fund usage, and violations of FCRA. The Tribunal ruled in favor of the appellant, annulling the cancellation. It emphasized the necessity of a completed assessment before cancellation, highlighting the premature nature of the decision and the importance of fair assessment procedures. The judgment underscored the significance of upholding due process and respecting the independence of assessing authorities. Case-Laws Income Tax Thu, 17 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=420426