https://www.taxtmi.com/caselaws?id=442084 The Tribunal allowed the appeal, holding that the Principal Commissioner of Income-tax (PCIT) lacked jurisdiction to cancel the trust's registration under section 12AB. It also ruled that retrospective cancellation from AY 2016-17 was not valid. The Tribunal considered and dismissed alternate contentions raised by the assessee, as the primary issues were resolved in favor of the appellant. The decision was announced on 27/07/2023. en-us Thu, 27 Jul 2023 00:00:00 +0530 Wed, 23 Aug 2023 10:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442084 The Tribunal allowed the appeal, holding that the Principal Commissioner of Income-tax (PCIT) lacked jurisdiction to cancel the trust's registration under section 12AB. It also ruled that retrospective cancellation from AY 2016-17 was not valid. The Tribunal considered and dismissed alternate contentions raised by the assessee, as the primary issues were resolved in favor of the appellant. The decision was announced on 27/07/2023. Case-Laws Income Tax Thu, 27 Jul 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442084