https://www.taxtmi.com/caselaws?id=75410 The court partially allowed the petition, setting aside the order rescinding approval for the years 1999-2000 and 2000-01, emphasizing that only the CBDT had jurisdiction to do so. Pending renewal applications for subsequent years were to be considered by the Director General of Income-tax (Investigation), Pune. All parties were directed to act accordingly, with pending appeals to be disposed of promptly. The court did not address the case's merits, leaving them for the prescribed authority to decide. Request for a stay was denied, and recovery during appeals was prohibited for eight weeks. en-us Tue, 28 Jul 2009 00:00:00 +0530 Tue, 14 Jun 2011 04:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=75410 The court partially allowed the petition, setting aside the order rescinding approval for the years 1999-2000 and 2000-01, emphasizing that only the CBDT had jurisdiction to do so. Pending renewal applications for subsequent years were to be considered by the Director General of Income-tax (Investigation), Pune. All parties were directed to act accordingly, with pending appeals to be disposed of promptly. The court did not address the case's merits, leaving them for the prescribed authority to decide. Request for a stay was denied, and recovery during appeals was prohibited for eight weeks. Case-Laws Income Tax Tue, 28 Jul 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=75410