Assessee-trust's Section 12AA(3) registration restored after improper cancellation due to Rs. 45 crore donation to similar trust.

Registration u/s 12AA(3) cancelled - assessee-trust donated a sum of ₹ 45 crores to another trust that is also engaged in the similar activity - cancellation of registration is not proper and accordingly restored - revenue may consider the issue at the time of assessment - AT .....

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