https://www.taxtmi.com/caselaws?id=388509 The court ruled in favor of the petitioner, setting aside the order designating them as a Principal Officer under Section 2(35) of the Income Tax Act, 1961. The court emphasized the necessity for a genuine connection with the management or administration of the company supported by substantial evidence before such classification. It highlighted the importance of explicit disclosure of information forming the basis for designation in the notice served by the Assessing Officer. The Department was granted liberty to proceed lawfully in the matter. en-us Thu, 17 Oct 2019 00:00:00 +0530 Sat, 16 Nov 2019 16:19:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=388509 The court ruled in favor of the petitioner, setting aside the order designating them as a Principal Officer under Section 2(35) of the Income Tax Act, 1961. The court emphasized the necessity for a genuine connection with the management or administration of the company supported by substantial evidence before such classification. It highlighted the importance of explicit disclosure of information forming the basis for designation in the notice served by the Assessing Officer. The Department was granted liberty to proceed lawfully in the matter. Case-Laws Income Tax Thu, 17 Oct 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=388509