Monday 18 May 2015

SLP admitted against HC’s order holding that registration of trust couldn’t be cancelled if its obje

IT : SLP granted against order of High Court where it was held that since revenue after satisfying about genuineness of object of assessee, a cricket association, had granted registration under section 12AA, later it could not cancel same on ground that activities of assessee were in nature of trade or commerce as objects remained as they were earlier at time of registration

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