Registration u/s 12AA cannot be denied by invoking provisions of section 2(15)

Issue before tribunal: The sole issue involved in appeal before tribunal is that whether registration u/s 12 AA can be withdraw by invoking provision of section 2 (15) of the IT Act. Brief facts: Assessee trust was incorporate under Punjab Town Improvement Act, 1922 on 22.09.2005. Assessee filed application to seek registration u/s 12 AA which was rejected by CIT (A) but on appeal ITAT held assessee entitled to the benefit of registration. Revenue challenged order before High Court but did not succeed. Subsequently CIT, in view of amendment in section 2(15) of IT Act and relying on the decisi...