https://www.taxtmi.com/caselaws?id=211868 The court found in favor of the petitioner, an assessee challenging the denial of approval under section 10(23C)(vi) of the Income Tax Act, 1961. The court emphasized the importance of principles of natural justice, noting the lack of proper hearing and failure to provide adverse material for rebuttal. The court set aside the impugned order and remanded the matter for a fresh decision, stressing the need for a fair chance for the petitioner to address allegations and ensuring compliance with due process and principles of natural justice. en-us Tue, 13 Dec 2011 00:00:00 +0530 Wed, 04 Apr 2012 13:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211868 The court found in favor of the petitioner, an assessee challenging the denial of approval under section 10(23C)(vi) of the Income Tax Act, 1961. The court emphasized the importance of principles of natural justice, noting the lack of proper hearing and failure to provide adverse material for rebuttal. The court set aside the impugned order and remanded the matter for a fresh decision, stressing the need for a fair chance for the petitioner to address allegations and ensuring compliance with due process and principles of natural justice. Case-Laws Income Tax Tue, 13 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211868