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CIT cannot Cancel Section 12A Registration Before Section 12AA(3) Insertion: SC

Case Law Details

Case Name
Industrial Infrastructure Development Corporation (Gwalior) M.P. Ltd. Vs CIT (Supreme Court of India)
Date of Judgement/Order
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Industrial Infrastructure Development Corporation (Gwalior) M.P. Ltd. Vs CIT (Supreme Court) The appeal challenged the judgment dated 14.03.2007 of the Madhya Pradesh High Court, which had allowed the Revenue’s appeal, set aside the Income Tax Appellate Tribunal’s order and restored the Commissioner of Income Tax’s (CIT) order cancelling the appellant’s registration under Section 12A of the Income-tax Act, 1961. The appellant, a State Government undertaking engaged in developing industrial growth centres and promoting industrial development in Madhya Pradesh, had sought...
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Author Info

CA Sandeep Kanoi
Qualification: CA in Job / Business
Company: Taxguru Consultancy
Location: Mumbai, Maharashtra
Articles Published: 18,080

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