https://www.taxtmi.com/caselaws?id=766434 ITAT Pune allowed the appeal and restored the trust's registration under sections 12A and 12AB. The tribunal held that PCIT (Central) lacked express powers under section 12AB(4) to cancel section 12A registration, making the show cause notice dated 21.07.2023 invalid. Additionally, the show cause notice dated 20.03.2024 under section 12AA was void as section 12AA became inapplicable from 01.04.2021. The tribunal found that "specified violation" provisions introduced from 01.04.2022 could not be applied retrospectively to alleged violations from financial years 2019-20 to 2021-22. Since the trust was conducting genuine charitable activities per its objects, cancellation based solely on seized documents was improper, with any additions properly addressable during assessment proceedings. en-us Fri, 21 Feb 2025 00:00:00 +0530 Thu, 07 May 2026 14:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766434 ITAT Pune allowed the appeal and restored the trust's registration under sections 12A and 12AB. The tribunal held that PCIT (Central) lacked express powers under section 12AB(4) to cancel section 12A registration, making the show cause notice dated 21.07.2023 invalid. Additionally, the show cause notice dated 20.03.2024 under section 12AA was void as section 12AA became inapplicable from 01.04.2021. The tribunal found that "specified violation" provisions introduced from 01.04.2022 could not be applied retrospectively to alleged violations from financial years 2019-20 to 2021-22. Since the trust was conducting genuine charitable activities per its objects, cancellation based solely on seized documents was improper, with any additions properly addressable during assessment proceedings. Case-Laws Income Tax Fri, 21 Feb 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766434