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Registration under Section 12A cancelled - earning of a huge net profit - the two conditions stipulated under the provisions of Sub-section (3) of Section 12AA of the Act which empowers the authority to cancel the registration do not exist in the present case - HC

Income Tax - Registration under Section 12A cancelled - earning of a huge net profit - the two conditions stipulated under the provisions of Sub-section (3) of Section 12AA of the Act, which empowers .....

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