Cancellation of Registration U/s 12AA(3) should be based on activities of Trust and not of Trustees

Appeal is raised by assessee against order of the Director of Income Tax (Exemption) issued u/s 12AA(3). Brief of the case ITAT Ahmedabad has held In the case of Friends of WWB India Vs DIT (Exemption) that registration u/s 12AA cannot be cancelled under the provision of section 12AA(3) unless the activities of trust are not found in accordance with the provision rather than the trustees. Further it is added that if any suspicious activities came into the knowledge of officer, then same can be taken care at the time of assessment. Facts of the case a. The assessee is Trust registered u/s 12AA...