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High Court Rules Against Cancelling Trust's Registration Over Trustee's BMW Purchase, Citing Sole Use for Trust Purposes.

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Full Text of the Document

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....Invoke Section 12AA for cancellation of registration - BMW car - it was stated that though the said car was purchased in the name of a Trustee, it was used for the purpose of trust only and the deduction of the same which was disallowed, has been allowed by the lower authorities - No cancellation - HC....

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