ITAT Delhi Quashes Section 12A Registration Cancellation for Lack of Jurisdiction

Advertisement Meenakshi foundation Vs PCIT (ITAT Delhi) The assessee, an educational society registered under the Societies Registration Act and holding registration under Section 12A and approval under Section 10(23C)(vi), challenged the order of the Principal Commissioner of Income Tax (Central)-3 cancelling its registration under Sections 12A, 12AA and 12AB(4). The cancellation was based on search proceedings in which the Revenue alleged non-genuine activities, diversion of funds and violation of Section 13(1)(c). The assessee contended that the PCIT (Central) lacked jurisdiction to canc...