Cancellation of registration of trust u/s. 12AA for mere delay in filing of return is not justifiable

Vijayanagar Educational Trust Vs CIT (Exemptions) (ITAT Bangalore)

ITAT Bangalore held that mere delay in filing the return of income cannot be construed as a violation so grave as to justify cancellation of registration under Section 12AA(4). Delay in return was unintentional hence cancellation of registration u/s. 12AA not justified.

Facts- The present appeal is preferred by Vijayanagar Educational Trust (the ‘assessee’, ‘appellant’, ‘Trust’) for the assessment year 2019-20 against the order passed by the ld. Commission

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