https://www.taxtmi.com/caselaws?id=781694 ITAT DELHI - AT set aside cancellation proceedings under section 12AB(4), holding the notice dated 14.03.2024 defective because it failed to specify which "specified violations" (clauses (a)-(g) of the Explanation) were alleged and did not indicate any intent to invoke retrospective cancellation. The Tribunal found the acts relied upon occurred before 01.04.2022, so the post-01.04.2022 12AB(4) regime could not be validly applied retroactively. Assumption of jurisdiction under section 12AB(4) was therefore vitiated and the cancellation grounds were rejected. en-us Wed, 12 Nov 2025 00:00:00 +0530 Fri, 01 May 2026 16:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=781694 ITAT DELHI - AT set aside cancellation proceedings under section 12AB(4), holding the notice dated 14.03.2024 defective because it failed to specify which "specified violations" (clauses (a)-(g) of the Explanation) were alleged and did not indicate any intent to invoke retrospective cancellation. The Tribunal found the acts relied upon occurred before 01.04.2022, so the post-01.04.2022 12AB(4) regime could not be validly applied retroactively. Assumption of jurisdiction under section 12AB(4) was therefore vitiated and the cancellation grounds were rejected. Case-Laws Income Tax Wed, 12 Nov 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=781694