https://www.taxtmi.com/caselaws?id=468447 A cancellation of approval under section 10(23C)(vi) was held to be beyond jurisdiction where the order was passed by the DGIT (Investigation) after CBDT notifications and rule 2CA had already vested the power to grant or cancel approval in the prescribed authority, namely the Commissioner of Income-tax (Exemptions) or the Principal Commissioner of Income-tax, as applicable. Because the impugned authority was not empowered under the operative notifications, the cancellation was contrary to the statutory scheme and void ab initio, and the assessee succeeded. en-us Wed, 02 Apr 2025 00:00:00 +0530 Wed, 06 May 2026 18:55:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=468447 A cancellation of approval under section 10(23C)(vi) was held to be beyond jurisdiction where the order was passed by the DGIT (Investigation) after CBDT notifications and rule 2CA had already vested the power to grant or cancel approval in the prescribed authority, namely the Commissioner of Income-tax (Exemptions) or the Principal Commissioner of Income-tax, as applicable. Because the impugned authority was not empowered under the operative notifications, the cancellation was contrary to the statutory scheme and void ab initio, and the assessee succeeded. Case-Laws Income Tax Wed, 02 Apr 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=468447