Dismissing the writ petition the Court held that Commissioner has considered merits and demerits of case and assigned reason for cancellation of registration. Order of Commissioner is affirmed. (SJ) (WP No. 7110 of 2008 dt. 26-4-2021)
Vellore Institute of Technology v. CIT (2021) 436 ITR 483 / 201 DTR 385 / 320 CTR 799 / 280 Taxman 402 (Mad.)(HC)
S. 12AA : Procedure for registration-Trust or institution-Capitalisation fee-Misuse of funds-Cancellation of registration is held to be valid. [S. 11, 12, 12A, 12AA(3), Art. 226]