HC expresses ‘Shock & Anguish’ at Mal-Administration by Tax Dept.

Much emphasis was laid by the learned counsel for the petitioner that during the course of the assessment proceedings, the proceeding for cancellation of registration under section 12A was also taken out by the Commissioner of Income Tax. The said proceeding have been dropped by the order dated 25.01 .2008. The said order makes an interesting reading. For the sake of convenience, the order is reproduced here in its entirety:- “Sub: Show cause cancellation of registration u/s 12AA of the I.T. Act 1961- Reg. Please refer to the subject mentioned above. The proceedings u/s 12 AA (3) for can...