Cancellation of Trust Registration not valid for mere carrying of commercial activities

ITAT BANGALORE BENCH ‘C’ Kodava Samaja Versus Director of Income-tax (Exemption) IT Appeal NO. 200 (BANG.) of 2012 [ASSESSMENT YEAR 2009-10] FEBRUARY  8, 2013 ORDER N.V. Vasudevan, Judicial Member This is an appeal by the assessee against the order dated 15.12.2011 of the DIT(Exemptions), passed u/s. 12AA(3) of the Income-tax Act, 1961 [hereinafter referred to as “the Act” in short”], whereby the DIT(E) cancelled the registration already granted to the assessee u/s. 12A of the Act. 2. The assessee is a society registered under the Societies Regi...