https://www.taxtmi.com/caselaws?id=355799 The SC allowed the appeal, overturning the HC's decision and reinstating the ITAT's order. It ruled that the CIT lacked jurisdiction to cancel registration certificates under Section 12A before the 2004 amendment. The SC confirmed that the CIT's power to cancel such certificates was only effective from the amendment date, under Section 12AA(3). en-us Fri, 16 Feb 2018 00:00:00 +0530 Tue, 02 Jul 2024 15:31:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=355799 The SC allowed the appeal, overturning the HC's decision and reinstating the ITAT's order. It ruled that the CIT lacked jurisdiction to cancel registration certificates under Section 12A before the 2004 amendment. The SC confirmed that the CIT's power to cancel such certificates was only effective from the amendment date, under Section 12AA(3). Case-Laws Income Tax Fri, 16 Feb 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=355799