https://www.taxtmi.com/caselaws?id=10247 The High Court found that the specified authority's order under section 72A of the Income-tax Act, 1961, disregarded a previous court direction, lacked proper application of mind, and violated the Act's provisions. The court quashed the order, directing the authority to issue a new order aligning with the court's decision within four months. The Central Government was given two months to decide following the authority's recommendation. The court emphasized adherence to court directives and the legal process, maintaining a stay on proceedings for certain assessment years until the Government's decision. en-us Mon, 27 Sep 2004 00:00:00 +0530 Sat, 11 Jul 2009 11:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=10247 The High Court found that the specified authority's order under section 72A of the Income-tax Act, 1961, disregarded a previous court direction, lacked proper application of mind, and violated the Act's provisions. The court quashed the order, directing the authority to issue a new order aligning with the court's decision within four months. The Central Government was given two months to decide following the authority's recommendation. The court emphasized adherence to court directives and the legal process, maintaining a stay on proceedings for certain assessment years until the Government's decision. Case-Laws Income Tax Mon, 27 Sep 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=10247