Section Registration 12AB Cannot Be Cancelled for Past Alleged Misdeeds: ITAT Delhi

Ram Saran Das Kishori Lal Charitable Trust Vs CIT (Exemption) (ITAT Delhi) Cancellation of Registration Quashed as 12AB(4) Cannot Apply Retrospectively & No “Specified Violation” Established In this appeal filed Trust, the issue concerned the cancellation of long-standing registration of the Trust by invoking powers u/s 12AA(3)/12AB(4) through order dated 26.09.2024, cancelling registration retrospectively from 01.04.2002. The Trust, established in 1967, originally registered u/s 12A in 1975, had run a recognised charitable hospital & later leased the premises before ultimately sel...