https://www.taxtmi.com/caselaws?id=433828 The Tribunal upheld the Principal Commissioner of Income Tax's decision to cancel the appellant trust's registration under section 12A with retrospective effect from FY 2007-08. It was found that the trust's activities were not genuine, as capitation fees collected were misused for personal gain, not for educational purposes. The delay in proceedings was attributed to the appellant's actions. The appeal was dismissed, affirming the cancellation of registration. en-us Tue, 07 Feb 2023 00:00:00 +0530 Fri, 10 Feb 2023 09:44:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=433828 The Tribunal upheld the Principal Commissioner of Income Tax's decision to cancel the appellant trust's registration under section 12A with retrospective effect from FY 2007-08. It was found that the trust's activities were not genuine, as capitation fees collected were misused for personal gain, not for educational purposes. The delay in proceedings was attributed to the appellant's actions. The appeal was dismissed, affirming the cancellation of registration. Case-Laws Income Tax Tue, 07 Feb 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=433828