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Registration of Trust cannot be cancelled for non-filing of I.T. return due to misdeeds of ex-president
Case Law Details
- Case Name
- Wholesale Cloth Merchant Association Vs PCIT (ITAT Jaipur)
- Appeal Number
- Only available for paid members
- Date of Judgement/Order
- Only available for paid members
- Courts
- All ITAT, ITAT Jaipur
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Wholesale Cloth Merchant Association Vs PCIT (ITAT Jaipur)
ITAT observed that due to the negligence or cheating of past executive members and bad intention of misappropriation of funds by ex-president, they had not maintained the books of accounts and get their accounts audited by a chartered accountant. But after change of management and involvement of new committee, books of accounts have been prepared and audit has also been done. During the A.Y. from 2014-15 to 2016-17 heavy amount was withdrawn by the ex-president, out of total amount some entries are debited in account of Sh. Tejendra ...
