2017 (7) TMI 1053

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....r. A. K. Jasani, for the Respondent ORDER P. C. 1. The DIT (Exemptions) has cancelled the registration of the respondent Trust. The Tribunal has allowed the Appeal filed by the assessee. Aggrieved thereby, the present Appeal. 2. Mr. Kotangle, learned Counsel for the appellant strenuously contends that, on three grounds the DIT (Exemptions) has cancelled the registration of the Trust. The land ....

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....ustees of the said trust of the respondent are common. All these aspects are sufficient to invoke Section 12AA for cancellation of registration and the DIT (E) had properly acted as per the said provision. 3. Mr. Joshi, learned Counsel for the respondent supports the order and submits that disallowance made by the Assessing Officer in respect of purchase of car, has been set aside by the Commissi....

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....give the scholarship directly to the students. The Tribunal has appreciated the said aspects. 4. We have considered the submissions. 5. There may not be any dispute with the proportion that if the trust does not fulfill its object or engages in any activity against the object of the trust, then the DIT (E) has power to cancel the registration of the trust under Section 12AA of the Act. The fact ....