https://www.taxtmi.com/caselaws?id=26508 The court held in favor of the petitioner, ruling that they were entitled to approval under section 84(3)(d) of the Income-tax Act for the assessment year 1967-68. The rejection of approval by the Central Board of Direct Taxes without providing reasons or an opportunity to be heard was deemed illogical. The court set aside the CBDT's decision and directed the Central Government to grant the necessary approval within eight weeks. The appeal was to be disposed of by the Appellate Assistant Commissioner following the approval. en-us Tue, 25 Mar 1986 00:00:00 +0530 Fri, 05 Feb 2010 14:55:40 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=26508 The court held in favor of the petitioner, ruling that they were entitled to approval under section 84(3)(d) of the Income-tax Act for the assessment year 1967-68. The rejection of approval by the Central Board of Direct Taxes without providing reasons or an opportunity to be heard was deemed illogical. The court set aside the CBDT's decision and directed the Central Government to grant the necessary approval within eight weeks. The appeal was to be disposed of by the Appellate Assistant Commissioner following the approval. Case-Laws Income Tax Tue, 25 Mar 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=26508