https://www.taxtmi.com/caselaws?id=301584 The Tribunal upheld the cancellation of the registration granted to the assessee trust under section 12AA of the IT Act, as the trust's activities, primarily conducting clinical trials for multinational pharmaceutical companies, were deemed commercial rather than charitable. Consequently, the rejection of the application for approval of exemptions under section 80G was also upheld, resulting in the dismissal of both appeals by the assessee. en-us Mon, 22 Jul 2019 00:00:00 +0530 Sun, 10 Apr 2022 15:42:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=301584 The Tribunal upheld the cancellation of the registration granted to the assessee trust under section 12AA of the IT Act, as the trust's activities, primarily conducting clinical trials for multinational pharmaceutical companies, were deemed commercial rather than charitable. Consequently, the rejection of the application for approval of exemptions under section 80G was also upheld, resulting in the dismissal of both appeals by the assessee. Case-Laws Income Tax Mon, 22 Jul 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=301584