{"id":10669,"date":"2020-03-22T06:34:57","date_gmt":"2020-03-22T06:34:57","guid":{"rendered":"http:\/\/itatonline.org\/digest\/orissa-olympic-association-v-cit-2020-77-itr-407-180-itd-692-cuttacktrib\/"},"modified":"2021-06-21T07:44:09","modified_gmt":"2021-06-21T02:14:09","slug":"orissa-olympic-association-v-cit-2020-77-itr-407-180-itd-692-cuttacktrib","status":"publish","type":"post","link":"https:\/\/itatonline.org\/digest\/orissa-olympic-association-v-cit-2020-77-itr-407-180-itd-692-cuttacktrib\/","title":{"rendered":"Orissa Olympic Association v. CIT (2020) 77 ITR 407 \/ 180 ITD 692\/ 190 DTR 167\/ 205 TTJ 790 (Cuttack)(Trib.)"},"content":{"rendered":"<p>Tribunal held that once CIT(E) grants registration under S. 12A, then, same is required to be continued till there is change in nature of activities undertaken by assessee-association and the procedure provided in S.\u00a0 12AA (3) and (4) is to be followed for cancellation of registration. Tribunal also held that\u00a0 income earned by assessee-association from commercial lease rent exceeding Rs.25 lakhs could not be reason for denying continuation of registration already granted. (AY. 2009-10)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>S. 12AA : Procedure for registration\u2013Trust or institution-Registration granted is required to be continued till nature of its activities change-Registration cannot be cancelled on mere fact that the trust earned commercial lease rent exceeding Rs. 25 lakhs. [S. 2(15), 12A]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-10669","post","type-post","status-publish","format-standard","hentry","category-digest"],"acf":[],"jetpack_featured_media_url":"","jetpack_shortlink":"https:\/\/wp.me\/p9S2Rw-2M5","jetpack-related-posts":[],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10669","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/comments?post=10669"}],"version-history":[{"count":2,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10669\/revisions"}],"predecessor-version":[{"id":19554,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/posts\/10669\/revisions\/19554"}],"wp:attachment":[{"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/media?parent=10669"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/categories?post=10669"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/itatonline.org\/digest\/wp-json\/wp\/v2\/tags?post=10669"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}