Cancellation of a licence, certificate, scrip or any instrument bestowing financial or fiscal benefits.
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....writing cancel any ^1[licence, certificate, scrip or any instrument bestowing financial or fiscal benefits] granted under these rules if - (a) the ^1[licence, certificate, scrip or any instrument bestowing financial or fiscal benefits] has been obtained by fraud, suppression of facts or misrepresentation; or (b) the ^2[licensee or transferee] has committed a breach of any of the ....
TaxTMI