https://www.taxtmi.com/caselaws?id=308479 The Calcutta High Court dismissed the revenue's appeal under Section 260A of the Income Tax Act, 1961, concerning the interpretation of Section 263 and the effect of cancellation of registration under Section 12AA. The Court upheld the Tribunal's decision, emphasizing previous rulings and interpretations that favored the taxpayer. Consequently, the appeal and the related stay application were both dismissed, with the Court ruling against the revenue on substantial questions of law. en-us Fri, 07 Jan 2022 00:00:00 +0530 Thu, 29 Jun 2023 08:28:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=308479 The Calcutta High Court dismissed the revenue's appeal under Section 260A of the Income Tax Act, 1961, concerning the interpretation of Section 263 and the effect of cancellation of registration under Section 12AA. The Court upheld the Tribunal's decision, emphasizing previous rulings and interpretations that favored the taxpayer. Consequently, the appeal and the related stay application were both dismissed, with the Court ruling against the revenue on substantial questions of law. Case-Laws Income Tax Fri, 07 Jan 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=308479