assessee was served with a show-cause notice under Section
12AA(3) of the Act as to why the registration granted under
Section ... submissions based on the interpretation of Sections 12A and
12AA(1)(b) and 12AA(3) , it would be useful to reproduce relevant
parts of these
pointed out to the clear distinct words used in Section 12AA(1) and 12AA(3) of the Act as well as the first proviso ... Commissioner on findings given on the parameters given in Section 12AA(1) and 12AA(3) of the Act, as the case may be.
33. Registration
position, the Commissioner of
Income Tax, Madurai, initiated action under Section 12AA(3) of the
Income Tax Act and cancelled its registration vide his Order ... Clause (b)
of Sub- Section 1 of Section 12AA . The material clause would be Section
12AA(3) subsequent to amendment by the Finance
section (3) including observance of
the principles of natural justice. A cancellation of registration under
sub-section (3) of Section 12AA is subject ... section 12AA becomes effective
from 1 June 2010. Consequently from 1 June 2010 the Commissioner
can exercise the power under Section 12AA(3) and cancel
respondent from cancelling the registration of the petitioner
Trust under Section 12AA(3) of the Income Tax Act, 1961.
For Petitioner : Mr.R.V.Easwar ... ORDER
The proceedings dated 13.03.2008, cancelling the registration
made under Section 12AA(3) of the Income Tax Act is under challenge in
the present writ
Director of Income Tax
(Exemptions) cancelling the registration under
Section 12AA(3) of the Income Tax Act, 1961
despite the fact that activities undertaken ... respondent by the Director of Income Tax
(Exemptions) under Section 12AA(3) of the Act, which
order has been set aside by the Tribunal
under Section 12AA
has been cancelled in purported exercise of powers vested in the
Commissioner of Income Tax under Section 12AA(3 ... granted
under Section 12AA of 'the Act' is an order passed de-hors, the
statutory provisions of Section 12AA(3) and since there
right in quashing the order for
cancellation of registration under Section 12AA(3) of the
Income Tax Act, 1961 based on money laundering activities
carried ... granted under Section
12A should not be withdrawn/cancelled under Section 12AA(3) of the Act for
alleged fake activities and indulging in money laundering
vide its order dated 24.10.2013 exercised powers under Section 12AA
(3) of the Income Tax Act, 1961 (for short, 'the Act') and cancelled ... submitted that in that case the power under Section 12AA (3) of the Act
was exercised before the amendment was incorporated
registration granted under Section 12AA . We
therefore quash the order of the DIT(Exemption)
passed under Section 12AA(3) and restore the order of
Page ... Whether the registration of GCA under section 12AA
could be cancelled under section 12AA(3) on the
ground that it violated proviso to section
