CIT is empowered to cancel registration of trust under sec. 12A with retrospective effect

IT : By way of amendment introduced by Finance Act, 2010 with effect from 1-6-2010, Commissioner is empowered to cancel registration granted to assessee-trust under section 12A with retrospective effect subject to

conditions specified in section 12AA(3)

[2016] 71 taxmann.com 152 (Bangalore - Trib.)

IN THE ITAT BANGALORE BENCH 'C'

Sri Vidyaranya Seva Sangha

v.

Commissioner of Income-tax, Hubli