Auro Lab v. ITO (2019) 411 ITR 308 /174 DTR 329 / 307 CTR 6 / 261 Taxman 364 (Mad.)(HC)

S. 12AA : Procedure for registration –Trust or institution-Cancella1Amendment in 2004 is enabling cancellation of registration is not retrospective- Cancellation cannot be made with retrospective effect – No allegation of fraud notice for reassessment is held to be bad in law. [S. 12A.]

Allowing the petition the Court held that that; amendments made   with effect from 1-6 -2010   is enabling cancellation of registration is not retrospective. Cancellation cannot be made with retrospective effect. No allegation of fraud notice for reassessment is held to be bad in law(AY.2004-05 to 2007-08, 2010-11)