Chapter XII-DA - SPECIAL PROVISIONS RELATING TO TAX ON DISTRIBUTED INCOME OF DOMESTIC COMPANY FOR BUY-BACK OF SHARES (From Section 115QA to Section 115QC)
Part C - Procedure for filing of return in respect of fringe benefits, assessment and payment of tax in respect thereof (From Section 115WD to Section 115WM)
Chapter XX-B - REQUIREMENT AS TO MODE OF ACCEPTANCE, PAYMENT OR REPAYMENT IN CERTAIN CASES TO COUNTERACT EVASION OF TAX (From Section 269SS to Section 269TT)
Power to withdraw approval: tax approvals may be rescinded after opportunity to show cause and reasons recorded. Power to withdraw approval vests in the Central Government, the Board, or an income-tax authority empowered to grant approvals; they may withdraw such approval even if no express withdrawal provision exists, provided they give the assessee a reasonable opportunity to show cause and record the reasons for withdrawal.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Power to withdraw approval: tax approvals may be rescinded after opportunity to show cause and reasons recorded.
Power to withdraw approval vests in the Central Government, the Board, or an income-tax authority empowered to grant approvals; they may withdraw such approval even if no express withdrawal provision exists, provided they give the assessee a reasonable opportunity to show cause and record the reasons for withdrawal.
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