https://www.taxtmi.com/caselaws?id=283994 The court held that the Chief CIT lacked jurisdiction for the financial years 1998-99 to 2000-01 and should have transmitted applications to the CBDT. Approval was not required for financial years with receipts below Rs. 1 crore. The consolidated order for multiple years was deemed illegal, and each year's application should be assessed individually. The writ petition was allowed, the impugned order was quashed, and the matter was remitted back to the Chief CIT for proper handling according to law. en-us Thu, 21 Feb 2008 00:00:00 +0530 Wed, 23 Oct 2019 10:19:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=283994 The court held that the Chief CIT lacked jurisdiction for the financial years 1998-99 to 2000-01 and should have transmitted applications to the CBDT. Approval was not required for financial years with receipts below Rs. 1 crore. The consolidated order for multiple years was deemed illegal, and each year's application should be assessed individually. The writ petition was allowed, the impugned order was quashed, and the matter was remitted back to the Chief CIT for proper handling according to law. Case-Laws Income Tax Thu, 21 Feb 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=283994