https://www.taxtmi.com/caselaws?id=49480 Cancellation of firm registration under the income-tax registration scheme was considered against the statutory grant of power to the Commissioner and antecedent precedent culminating in reversal of prior authority. Applying principles of statutory construction and the controlling precedent, the Court held the Commissioner validly exercised his power to cancel prior registration under the registration provisions and to direct assessment as if no registration had been granted, and upheld the cancellation and consequent assessment treatment against the assessee. en-us Tue, 24 Jan 1961 00:00:00 +0530 Sat, 14 Aug 2010 15:30:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=49480 Cancellation of firm registration under the income-tax registration scheme was considered against the statutory grant of power to the Commissioner and antecedent precedent culminating in reversal of prior authority. Applying principles of statutory construction and the controlling precedent, the Court held the Commissioner validly exercised his power to cancel prior registration under the registration provisions and to direct assessment as if no registration had been granted, and upheld the cancellation and consequent assessment treatment against the assessee. Case-Laws Income Tax Tue, 24 Jan 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=49480