https://www.taxtmi.com/caselaws?id=409916 The Tribunal found that the Principal Commissioner of Income Tax (Pr.CIT) violated the principles of natural justice by cancelling the applicants' registration without allowing them a fair opportunity to be heard. Additionally, the Pr.CIT's premature revocation of registration while assessment proceedings were pending was deemed unjustified. The cancellation order was seen to negatively impact the ongoing assessment proceedings, potentially affecting the applicants' eligibility for income exemption. The Tribunal directed an early hearing of the appeals, emphasizing the need for a fair resolution and dismissing the stay applications. en-us Wed, 09 Jun 2021 00:00:00 +0530 Tue, 20 Jul 2021 10:12:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=409916 The Tribunal found that the Principal Commissioner of Income Tax (Pr.CIT) violated the principles of natural justice by cancelling the applicants' registration without allowing them a fair opportunity to be heard. Additionally, the Pr.CIT's premature revocation of registration while assessment proceedings were pending was deemed unjustified. The cancellation order was seen to negatively impact the ongoing assessment proceedings, potentially affecting the applicants' eligibility for income exemption. The Tribunal directed an early hearing of the appeals, emphasizing the need for a fair resolution and dismissing the stay applications. Case-Laws Income Tax Wed, 09 Jun 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=409916