https://www.taxtmi.com/caselaws?id=783370 ITAT set aside the order of CIT(E) cancelling registration of the assessee-trust under s.12AA(4). It held that post-registration amendments to the trust deed did not alter its charitable objects and, under s.12A(ab), did not require prior approval. Alleged violations of s.13(1)(d) were rejected, as loans raised by trustees and routed to the trust were through banking channels, recorded as liabilities, and applied solely to charitable activities, with no evidence of personal benefit. Delay in filing ROI/audit report, alleged irregularities in books, payments to relatives, and inter-trust financial transactions were found to be either unsubstantiated or mere procedural lapses, not reflecting non-genuine activities. As the trust continued to carry on genuine educational activities, cancellation of registration was held unsustainable. en-us Wed, 22 Oct 2025 00:00:00 +0530 Thu, 11 Dec 2025 10:57:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=783370 ITAT set aside the order of CIT(E) cancelling registration of the assessee-trust under s.12AA(4). It held that post-registration amendments to the trust deed did not alter its charitable objects and, under s.12A(ab), did not require prior approval. Alleged violations of s.13(1)(d) were rejected, as loans raised by trustees and routed to the trust were through banking channels, recorded as liabilities, and applied solely to charitable activities, with no evidence of personal benefit. Delay in filing ROI/audit report, alleged irregularities in books, payments to relatives, and inter-trust financial transactions were found to be either unsubstantiated or mere procedural lapses, not reflecting non-genuine activities. As the trust continued to carry on genuine educational activities, cancellation of registration was held unsustainable. Case-Laws Income Tax Wed, 22 Oct 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=783370