https://www.taxtmi.com/caselaws?id=767149 Kerala HC held that Principal Commissioner has independent power under Section 12AA to cancel registration granted under Section 12A without requiring prior determination by Assessing Authority regarding statutory breaches or violation of trust objects. The Appellate Tribunal erroneously assumed that Principal Commissioner must await Assessing Authority's decision before exercising cancellation powers. Court clarified that Section 12AA independently empowers Principal Commissioner to assess circumstances under subsections (3) and (4) for registration cancellation. The impugned Tribunal order was set aside and matter remanded for fresh consideration on merits, with appeals allowed in favor of department. en-us Mon, 03 Mar 2025 00:00:00 +0530 Tue, 11 Mar 2025 08:33:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=767149 Kerala HC held that Principal Commissioner has independent power under Section 12AA to cancel registration granted under Section 12A without requiring prior determination by Assessing Authority regarding statutory breaches or violation of trust objects. The Appellate Tribunal erroneously assumed that Principal Commissioner must await Assessing Authority's decision before exercising cancellation powers. Court clarified that Section 12AA independently empowers Principal Commissioner to assess circumstances under subsections (3) and (4) for registration cancellation. The impugned Tribunal order was set aside and matter remanded for fresh consideration on merits, with appeals allowed in favor of department. Case-Laws Income Tax Mon, 03 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=767149