https://www.taxtmi.com/caselaws?id=16588 The court upheld the Central Government's refusal to make a declaration under section 72A(1) of the Income-tax Act, finding that the amalgamation was not in the public interest due to various factors, including the failure to achieve the purpose of revival, inadequate compliance with statutory requirements, and lack of consideration of the specified authority's recommendations. The court determined that the decision was justified, consistent with guidelines, and compliant with principles of natural justice, ultimately dismissing the writ petition challenging the government's decision. en-us Wed, 18 Mar 1998 00:00:00 +0530 Tue, 08 Sep 2009 16:27:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16588 The court upheld the Central Government's refusal to make a declaration under section 72A(1) of the Income-tax Act, finding that the amalgamation was not in the public interest due to various factors, including the failure to achieve the purpose of revival, inadequate compliance with statutory requirements, and lack of consideration of the specified authority's recommendations. The court determined that the decision was justified, consistent with guidelines, and compliant with principles of natural justice, ultimately dismissing the writ petition challenging the government's decision. Case-Laws Income Tax Wed, 18 Mar 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16588