https://www.taxtmi.com/caselaws?id=406792 The Tribunal determined that the Pr.CIT(Central) lacked jurisdiction to withdraw approvals under Section 10(23C)(vi) and found the retrospective withdrawal legally flawed. Consequently, the orders withdrawing the approvals were reversed, and the approvals were reinstated. The Tribunal allowed the appeals in favor of the assessees, emphasizing substantial justice over procedural technicalities. en-us Tue, 20 Apr 2021 00:00:00 +0530 Mon, 28 Oct 2024 14:58:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406792 The Tribunal determined that the Pr.CIT(Central) lacked jurisdiction to withdraw approvals under Section 10(23C)(vi) and found the retrospective withdrawal legally flawed. Consequently, the orders withdrawing the approvals were reversed, and the approvals were reinstated. The Tribunal allowed the appeals in favor of the assessees, emphasizing substantial justice over procedural technicalities. Case-Laws Income Tax Tue, 20 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406792