2014 (4) TMI 322 - SCH - Income Tax

Validity of order passed by the High Court Proceedings u/s 12AA(3) already dropped by the CIT - Held that - The High Court was not justified in issuing certain directions to the CIT including a direction to pass an order u/s 12AA(3) of the Act thus, the order of the HC is modified Decided in favour of Assessee.

Summary

The Supreme Court in the case 2014 (4) TMI 322 - SC Order issued an order deleting certain directions given by the High Court to the Commissioner of Income Tax. The Court found that the High Court was not justified in issuing these directions, including a direction to pass an order under Section 12AA(3) of the Income Tax Act. The Special Leave Petition was disposed of accordingly.