Section 12A Registration Cannot Be Cancelled for Genuine Trust Activities: ITAT Pune

Poona Obstetrics and Gynaecological Society Vs PCIT (Central) (ITAT Pune) Section 12A registration cannot be cancelled when the trust is engaged in genuine activities of imparting knowledge: ITAT Pune ITAT held that that the assessee(s) trusts are genuinely and consistently carrying on the work for the charitable objects for which they have been granted registration u/s.12A(old regime)/12AA/12AB of the Act and the funds they have received from the pharmaceutical companies have been applied for the objects of the trusts. Further, it has been consistently held that denial of exemptions can only ...