Sec. 11 of Income Tax Act, 1961— Exemption —No material placed to establish that assessee is not carrying on the activities in accordance with the objects or the activities of the assessee are not genuine and CCIT has cancelled the registration on presumptions and assumptions without having proper material, therefore, order of CCIT passed u/s 12AA(3) was cancelled and the registration granted was restored to the assessee - VISAKHAPATNAM METROPOLITAN REGION DEVELOPMENT AUTHORITY V/s CHIEF CIT - [2020] 183 ITD 121 (ITAT-VISAKHAPATNAM)