Association of persons or body of individuals or artificial juridical person formed for a particular event or purpose - Income Tax Bill, 2025 - Old Version
Association of persons or body of individuals or artificial juridical person formed for a particular event or purpose - Income Tax Bill, 2025 - Old Version
Withdrawal of approval: government may revoke approvals after recording reasons and giving a reasonable hearing. Where the Central Government, the Board or an income-tax authority may grant any approval under the Act, it may withdraw such approval at any time, even ... Summary
Withdrawal of approval: government may revoke approvals after recording reasons and giving a reasonable hearing.
Where the Central Government, the Board or an income-tax authority may grant any approval under the Act, it may withdraw such approval at any time, even if the provision does not expressly allow withdrawal, provided the authority records the reasons for withdrawal and gives the assessee a reasonable opportunity of being heard.
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