ITAT explains Cancellation of section 12AA registration post amendment by Finance Act, 2021

S.R.Trust Vs PCIT (Madras High Court)

ITAT held that procedure of cancellation of the registration already enjoyed either under 12A regime or 12AA regime in the case of the petitioner, in view of the new regime having been introduced, shall take place only after disposing the application made by the trust or institution, under the new regime, as contemplated under Section 12AB(1)(a).

FULL TEXT OF THE JUDGMENT/ORDER OF MADRAS HIGH

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