https://www.taxtmi.com/caselaws?id=759434 HC allowed registration u/s 12AA for educational society. CIT had refused registration claiming society wasn't carrying charitable activities despite prior approval u/s 10(23)(vi). HC held that duly registered educational trust utilizing earnings for education advancement cannot be denied 12AA benefits. Court relied on precedents establishing registration cancellation powers are prospective only, not retrospective. Appeal dismissed, confirming tribunal's decision granting registration entitlement. en-us Mon, 09 Sep 2024 00:00:00 +0530 Tue, 01 Oct 2024 08:23:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=759434 HC allowed registration u/s 12AA for educational society. CIT had refused registration claiming society wasn't carrying charitable activities despite prior approval u/s 10(23)(vi). HC held that duly registered educational trust utilizing earnings for education advancement cannot be denied 12AA benefits. Court relied on precedents establishing registration cancellation powers are prospective only, not retrospective. Appeal dismissed, confirming tribunal's decision granting registration entitlement. Case-Laws Income Tax Mon, 09 Sep 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=759434