https://www.taxtmi.com/caselaws?id=24652 The High Court of Andhra Pradesh ruled in favor of the hotel, "Sun-n-Sea," affirming its entitlement to tax benefits under sections 32(1)(v) and 33(l)(b) of the Income-tax Act, 1961. The court upheld the initial approvals granted by the Department of Tourism, criticizing the Department's subsequent attempts to rescind the benefits. The court deemed the modified orders invalid, emphasizing estoppel against unilateral rescission. The Revenue's challenge was rejected, and the court affirmed the hotel's right to the tax benefits based on the original approvals. en-us Mon, 01 Aug 1988 00:00:00 +0530 Thu, 21 Jan 2010 14:57:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=24652 The High Court of Andhra Pradesh ruled in favor of the hotel, "Sun-n-Sea," affirming its entitlement to tax benefits under sections 32(1)(v) and 33(l)(b) of the Income-tax Act, 1961. The court upheld the initial approvals granted by the Department of Tourism, criticizing the Department's subsequent attempts to rescind the benefits. The court deemed the modified orders invalid, emphasizing estoppel against unilateral rescission. The Revenue's challenge was rejected, and the court affirmed the hotel's right to the tax benefits based on the original approvals. Case-Laws Income Tax Mon, 01 Aug 1988 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=24652