ITAT Mumbai Restores Section 12AB Registration of Pre-1961 Trust

Advertisement Visa Dishawal Bania Caste Trust Vs CIT (ITAT Mumbai) The Income Tax Appellate Tribunal (ITAT), Mumbai, allowed the appeal challenging the order dated 31.12.2025 passed by the Commissioner of Income Tax (Exemptions), Mumbai, who had cancelled the appellant-trust’s registration under Section 12AB(4) of the Income Tax Act, 1961 with retrospective effect from 24.09.2021. The appellant is a trust established in 1910 for the upkeep and maintenance of certain immovable properties as provided in the Trust Deed. According to the appellant, one of the Trust’s objects is to utilise t...