Income tax registration U/s. 12AA cannot be denied for one suspicious donation

M/s Urmila Devi Charitable Trust Vs CIT (Exemptions) (ITAT Delhi)

Conclusion: If the genuineness of a donation in one year is doubted, the addition, if any, can be made in the assessment of the relevant assessment year in accordance with law. However, that, by itself, would not be sufficient to withdraw the registration under Section 12AA(3).

Held:

CIT cancelled the registration granted

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