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Income Tax - Highlights / Catch Notes

Home Highlights February 2020 Year 2020 This

Exemption u/s 11 - cancellation of registration - Merely saying ...


Section 12AA(3) Registration Cancellation Not Automatic for Activities u/s 2(15) Proviso of Income Tax Act.

February 8, 2020

Case Laws     Income Tax     HC

Exemption u/s 11 - cancellation of registration - Merely saying that the activities of the respondent is hit by the proviso to Section 2(15) of the Act, would not lead to automatic cancellation of registration as that is not a ground provided under Section 12AA(3) of the Act for cancellation of registration.

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