Allowing the appeal of the assessee the Tribunal held that ; Merely on the basis of information received from Investigation Wing that assessee-trust was receiving bogus donation from various parties which were returned to them subsequently after charging certain amount of commission, without supplying the copy to the assessee , cancellation of registration is held to be bad in law .( AY. 2017- 18 )
Bioved Research Society. v. CIT (2018) 170 ITD 160 (All) (Trib.)
S. 12AA : Procedure for registration –Trust or institution- Bogus donation – Merely on the basis of information received from Investigation Wing without supplying the copy to the assessee , cancellation of registration is held to be bad in law . [ S.12A,35(1)(iii) , 80G ]