On appeal the Tribunal held the, registration granted cannot be denied in the subsequent years when there is no change in the objcts of the assessee only on the prseumtion that proviso to S.2(15) is applicable . (ITA Nos. 980 . 1008 dt. 31-10-2017) (AY. 2003-04 to 2013-14)
HMDA v. CIT(E) (2018) 161 DTR 82 / 191 TTJ 122 (Hyd.)(Trib.)
S. 12AA :Procedure for registration –Trust or institution – Registration granted cannot be denied in the subsequent years when there is no change in the objcts of the assessee only on the prseumtion that proviso to S.2(15) is applicable [2(15) ]