Trust's 12AA(3) Registration Canceled for Profit-Driven Operations, Violating Charitable Purpose u/s 2(15) of Income Tax Act.

Cancellation of registration u/s 12AA(3) - Assessee trust is not merely a mediator in buying and selling of land to the general public. Rather it operates in a business oriented way on the well known principles of profit generation - not a charitable purpose u/s 2(15) - AT .....

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