In absence of jurisdiction CIT cannot withdraw Section 10(23C)(vi) exemption

Aurora Educational Society Vs PCIT (ITAT Hyderabad)

Conclusion: CIT had erred in law and as on facts in withdrawing assessee’s approval granted u/s.10(23C)(vi) as the impugned entire exercise to withdraw assessee’s approval suffered from inherent lack of jurisdiction.

Held: The issue arose for consideration was that the order of CIT withdrawing the exemption granted u/s.10(23C)(vi), was arbitrary, erroneous, without proper reasons and bad in law. It w

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