Charitable Institution's 12A Registration Canceled; Business Activities Allowed If Complying with Section 11(4), 11(4A), and 2(15).

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....Registration U/s.12A canceled - there is no prohibition in the Act that a charitable institution should not indulge in any business activity. The only restriction is that it should conform to the provisions of subsections 4 & 4A of section 11 of the I.T. Act and the activity should come within the provisions of section 2(15) - AT....