2015 (10) TMI 1456

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....rabhakar, C.A For the Respondent : Shri. Pradmod Nangia, IRS, CIT ORDER S. S. Godara (Judicial Member).-This assessee's appeal emanates from the order dated September 24, 2014 passed by the Commissioner of Income-tax-I, Tiruchirapalli, in C. No. 6162E/CIT-I/TRY/2014-15, cancelling registration under section 12AA(3) of the Income-tax Act, 1961 (in short the "Act"). 2. The facts of t....

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....ncome-tax Act, the trust has to file its return of income, if the total income without giving effect to provisions of sections 11 and 12 exceeds the maximum amount which is not chargeable to tax. It is found from the details available with the Department, that the trust has not filed its return of income till date from the grant of registration.         &....

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....sp;     The above letter has been sent through registered post to the address which was given, while making application requesting for grant of registration. However, the letter was returned unserved with the 'No such addressee, return to sender'.          Therefore it is inferred that the trust is not in existence. As per sec ....

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....ng. Therefore, there is no point in allowing to continue the registration granted under section 12AA of the Income-tax Act. Hence, the registration under section 12AA of the Income-tax Act, 1961 granted to the trust is hereby cancelled." This leaves the assessee aggrieved. 3. We have heard both sides and perused the case file. The Commissioner of Income-tax's order has been passed ex par....