Invoke Section 12AA for cancellation of registration - BMW car - ...
High Court Rules Against Cancelling Trust's Registration Over Trustee's BMW Purchase, Citing Sole Use for Trust Purposes.
July 31, 2017
Case Laws Income Tax HC
Invoke Section 12AA for cancellation of registration - BMW car - it was stated that though the said car was purchased in the name of a Trustee, it was used for the purpose of trust only and the deduction of the same which was disallowed, has been allowed by the lower authorities - No cancellation - HC
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