https://www.taxtmi.com/caselaws?id=215509 The High Court quashed the Central Board of Direct Taxes' (CBDT) order denying approval under Section 35(1)(ii) of the Income Tax Act, 1961. The Court found that the CBDT lacked jurisdiction to decide the matter and failed to comply with procedural requirements. It directed the CBDT to refer the issue to the Central Government for a decision within two months. The writ petition was allowed accordingly. en-us Wed, 25 Jul 2012 00:00:00 +0530 Tue, 07 Aug 2012 15:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=215509 The High Court quashed the Central Board of Direct Taxes' (CBDT) order denying approval under Section 35(1)(ii) of the Income Tax Act, 1961. The Court found that the CBDT lacked jurisdiction to decide the matter and failed to comply with procedural requirements. It directed the CBDT to refer the issue to the Central Government for a decision within two months. The writ petition was allowed accordingly. Case-Laws Income Tax Wed, 25 Jul 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=215509