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.
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.
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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