Introducing the “In Favour Of” filter in Case Laws.
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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Government can withdraw tax approvals under Section 293C and proposed Clause 529 after hearing assessee</h1> The Income Tax Bill 2025's Clause 529 and the current Income-tax Act 1961's Section 293C both empower the Central Government, Board, or income-tax authority to withdraw any statutory approval granted under the Act, even without express withdrawal provisions in the enabling section. Both require recording reasons and providing the assessee a reasonable opportunity to be heard before withdrawal. The key difference lies in procedural language: Section 293C requires 'reasonable opportunity of showing cause against the proposed withdrawal' while Clause 529 uses 'reasonable opportunity of being heard.' This modernized wording in Clause 529 is slightly broader but maintains the same substantive protections. Neither provision imposes time limitations for withdrawal, creating ongoing uncertainty for approval holders. The provisions serve to prevent abuse of statutory approvals while maintaining procedural safeguards consistent with natural justice principles.
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