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<h1>Court upholds cancellation of income-tax practitioner's license due to degree from unrecognized university.</h1> The High Court of Punjab and Haryana dismissed the petition of an income-tax practitioner challenging the cancellation of their licence due to holding a ... Insurance Company The High Court of Punjab and Haryana dismissed the petition of an income-tax practitioner whose licence was cancelled because the degree from Commercial University, Delhi was not recognized by any statutory authority. The court held that the cancellation was justified as the university was not established under an Act of Parliament and the degrees were not recognized.