https://www.taxtmi.com/caselaws?id=754913 ITAT Hyderabad allowed the appeal and restored the Trust's registration u/s 12AB. The CIT(E) had cancelled registration citing violations including non-intimation of trustee changes, unexplained security deposits, property development activities, and construction of Gosala. The Tribunal held that trustee appointments per Trust Deed are administrative matters not requiring departmental intimation. Property development with court permission under section 34 of Trust Act was permissible for Trust objects. The unexplained credit addition was under appeal and premature for cancellation purposes. Gosala construction qualified as advancement of general public utility. None of the cited reasons constituted specified violations under section 12AB(4), making the cancellation illegal and without merit. en-us Fri, 28 Jun 2024 00:00:00 +0530 Wed, 03 Jul 2024 08:43:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=754913 ITAT Hyderabad allowed the appeal and restored the Trust's registration u/s 12AB. The CIT(E) had cancelled registration citing violations including non-intimation of trustee changes, unexplained security deposits, property development activities, and construction of Gosala. The Tribunal held that trustee appointments per Trust Deed are administrative matters not requiring departmental intimation. Property development with court permission under section 34 of Trust Act was permissible for Trust objects. The unexplained credit addition was under appeal and premature for cancellation purposes. Gosala construction qualified as advancement of general public utility. None of the cited reasons constituted specified violations under section 12AB(4), making the cancellation illegal and without merit. Case-Laws Income Tax Fri, 28 Jun 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=754913