2022 (11) TMI 818 - AT - Income Tax
Exemption u/s 11 - cancellation of registration of the assessee u/s 12AA(3) - As per CIT-E activities carried on by the Appellant are not genuine and are not in accordance with the objects of the assessee - HELD THAT:- A perusal of the objects show that the assessee society is created to promote national integration, communal amity and social harmony and uphold the democratic set up, secular order and rule of law in the country. There are in total 17 objects mentioned in the Memorandum of Association.
The Ministry of Home Affairs, vide Notification dated 27.09.2022 published in the Gazette of India dated 28.09.2022 as notified by the Ministry of Home Affairs clearly demonstrates the malafides of the assessee society.
Considering the aforementioned Notification, the appeal of the assessee is dismissed.