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Income Tax - Highlights / Catch Notes

Home Highlights March 2018 Year 2018 This

Cancelling Registration u/s 12AA(3) - No evidence on record to ...


Cancellation of Registration u/s 12AA(3) Overturned Due to Lack of Evidence on Unaccounted Money Transactions.

March 30, 2018

Case Laws     Income Tax     AT

Cancelling Registration u/s 12AA(3) - No evidence on record to show that assessee received or paid any commission for indulging in any unaccounted money. Therefore, cancellation of registration in the matter is merely on presumption only. - AT

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