Society's 12AA Registration Improperly Cancelled; Allegations of Fund Misuse Unfounded, Says Principal Commissioner of Income Tax.

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....Registration of the assessee society u/s 12AA(3) & (4) cancelled - allegations of the ld. Pr. CIT that the funds were siphoned off for the purpose other than the activities to achieve the objects of the assessee Society - Allegation not proved - cancellation of registration is not proper - AT....