Registration U/s. 12AA(3) cannot be made before date of introduction of Sec. 12AA(3)

U.P. Distillers Association Vs. CIT (Delhi High Court) In this case Assessee urged that, in any event, the cancellation could not have been from inception but only from the date Parliament amended Section 12AA, i.e. from 01.10.2004. HC  held that  that the cancellation of registration in this case could have related back only from the date of introduction of Section 12AA(3) i.e. with effect from 10.2014 and not earlier. Full Text of the High Court Judgment / Order is as follows:- 1. The Assessee is aggrieved by an order of the Income-Tax Appellate Tribunal (ITAT) upholding the C.I.T’s...