https://www.taxtmi.com/caselaws?id=284053 The Tribunal dismissed the revenue's miscellaneous application, affirming the invalidity of the show cause notice under Section 10(23C)(vi) due to lack of issuance by the competent authority. It also ruled that the CIT (Exemptions) lacked jurisdiction to withdraw approval retrospectively and emphasized the limited scope for rectifying mistakes under Section 254(2) of the IT Act. The Tribunal's decision was based on detailed analysis, leading to the dismissal of the revenue's application for lacking merit. en-us Tue, 24 Jul 2018 00:00:00 +0530 Thu, 24 Oct 2019 18:24:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284053 The Tribunal dismissed the revenue's miscellaneous application, affirming the invalidity of the show cause notice under Section 10(23C)(vi) due to lack of issuance by the competent authority. It also ruled that the CIT (Exemptions) lacked jurisdiction to withdraw approval retrospectively and emphasized the limited scope for rectifying mistakes under Section 254(2) of the IT Act. The Tribunal's decision was based on detailed analysis, leading to the dismissal of the revenue's application for lacking merit. Case-Laws Income Tax Tue, 24 Jul 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284053