https://www.taxtmi.com/caselaws?id=456458 ITAT Mumbai held that AO cannot invalidate registration granted by CIT (Exemption) under section 12A. Trust amended object clause without informing CIT (Exemption), leading AO to deny section 11 exemption. However, CIT (Exemption) initiated withdrawal proceedings but subsequently dropped them after considering the amendments. ITAT ruled AO lacked authority to override CIT (Exemption)'s decision. Trust's objects remained for Daivadnya community benefit, not violating section 13(1)(d). Assessment order was void and set aside. Appeal allowed. en-us Mon, 03 Jan 2022 00:00:00 +0530 Sat, 27 Jul 2024 07:29:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=456458 ITAT Mumbai held that AO cannot invalidate registration granted by CIT (Exemption) under section 12A. Trust amended object clause without informing CIT (Exemption), leading AO to deny section 11 exemption. However, CIT (Exemption) initiated withdrawal proceedings but subsequently dropped them after considering the amendments. ITAT ruled AO lacked authority to override CIT (Exemption)'s decision. Trust's objects remained for Daivadnya community benefit, not violating section 13(1)(d). Assessment order was void and set aside. Appeal allowed. Case-Laws Income Tax Mon, 03 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=456458