https://www.taxtmi.com/caselaws?id=788797 An amendment empowering cancellation of charitable registration was held to operate prospectively only, absent express retrospective language. Applying the general rule that income-tax law is governed by the law in force for the relevant assessment year, the ITAT held that section 12AB(4) could not be used to cancel the assessee's registration for assessment years predating the Finance Act, 2022 amendment. It also noted that cancellation carries serious civil consequences and cannot reach back to earlier years unless the statute clearly so provides. The retrospective cancellation from AY 2015-16 onwards was therefore unsustainable and was set aside. en-us Wed, 11 Mar 2026 00:00:00 +0530 Thu, 26 Mar 2026 16:22:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=788797 An amendment empowering cancellation of charitable registration was held to operate prospectively only, absent express retrospective language. Applying the general rule that income-tax law is governed by the law in force for the relevant assessment year, the ITAT held that section 12AB(4) could not be used to cancel the assessee's registration for assessment years predating the Finance Act, 2022 amendment. It also noted that cancellation carries serious civil consequences and cannot reach back to earlier years unless the statute clearly so provides. The retrospective cancellation from AY 2015-16 onwards was therefore unsustainable and was set aside. Case-Laws Income Tax Wed, 11 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=788797