https://www.taxtmi.com/caselaws?id=354771 The court held that the Assessing Officer exceeded jurisdiction in canceling the certificate under Section 197 of the Income Tax Act as there was no change in circumstances. Additionally, the cancellation lacked adherence to principles of natural justice, as reasons were not provided to the petitioner. The court found the petitioner's financial condition was already weak, making the cancellation on those grounds unjustified. The outstanding tax demand cited was not a valid reason for cancellation, especially as it was not properly addressed in the order. The court set aside the cancellation order, emphasizing the importance of jurisdictional limits and due process. en-us Thu, 25 Jan 2018 00:00:00 +0530 Mon, 14 May 2018 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=354771 The court held that the Assessing Officer exceeded jurisdiction in canceling the certificate under Section 197 of the Income Tax Act as there was no change in circumstances. Additionally, the cancellation lacked adherence to principles of natural justice, as reasons were not provided to the petitioner. The court found the petitioner's financial condition was already weak, making the cancellation on those grounds unjustified. The outstanding tax demand cited was not a valid reason for cancellation, especially as it was not properly addressed in the order. The court set aside the cancellation order, emphasizing the importance of jurisdictional limits and due process. Case-Laws Income Tax Thu, 25 Jan 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=354771