https://www.taxtmi.com/highlights?id=65155 Exemption u/s 11 - Cancelling Registration 12AA(3) and section 80G - contentions of the assessee that the registration granted u/s 12A cannot be cancelled with retrospective effect - as per the majority view, the impugned order of the Pr. CIT(Exemption) cancelling the registration granted under section 12A as well as withdrawing approval under section 80G(5) is upheld but the cancellation would be with effect from the previous year in which the assessee sold the educational institutions i.e. the previous year 2017-18. - Not with retrospective effect - AT en-us Thu, 18 Aug 2022 17:30:16 +0530 Thu, 18 Aug 2022 17:30:16 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=65155 Exemption u/s 11 - Cancelling Registration 12AA(3) and section 80G - contentions of the assessee that the registration granted u/s 12A cannot be cancelled with retrospective effect - as per the majority view, the impugned order of the Pr. CIT(Exemption) cancelling the registration granted under section 12A as well as withdrawing approval under section 80G(5) is upheld but the cancellation would be with effect from the previous year in which the assessee sold the educational institutions i.e. the previous year 2017-18. - Not with retrospective effect - AT Highlights Income Tax Thu, 18 Aug 2022 17:30:16 +0530 https://www.taxtmi.com/highlights?id=65155