https://www.taxtmi.com/caselaws?id=432481 The court set aside the impugned order rejecting the petitioner's application under Section 12A(1)(ac)(v) of the Income Tax Act, 1961, leading to the cancellation of registration. The CIT(Exemption) failed to consider the assessment order for AY 2020-2021, where the petitioner's income was 'nil'. The court directed the CIT(Exemption) to reevaluate the application, allowing the petitioner to present their case. The petitioner was instructed to appear before the CIT(Exemption) for reevaluation, ensuring a fair process and the right to challenge any adverse decision. en-us Fri, 16 Dec 2022 00:00:00 +0530 Fri, 06 Jan 2023 09:36:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=432481 The court set aside the impugned order rejecting the petitioner's application under Section 12A(1)(ac)(v) of the Income Tax Act, 1961, leading to the cancellation of registration. The CIT(Exemption) failed to consider the assessment order for AY 2020-2021, where the petitioner's income was 'nil'. The court directed the CIT(Exemption) to reevaluate the application, allowing the petitioner to present their case. The petitioner was instructed to appear before the CIT(Exemption) for reevaluation, ensuring a fair process and the right to challenge any adverse decision. Case-Laws Income Tax Fri, 16 Dec 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=432481