2023 (6) TMI 1173 - SCH - Income Tax

Revision u/s 263 - cancellation of registration for the year when the cancellation order was not available to the AO while passing the order u/s 147/143(3) - HC confirmed Tribunal order as allowing the assessee s case and held that Section 12AA(3) is applicable only from the assessment year 2011-12 deciding substantial questions of law raised in this appeal are covered against the revenue - HELD THAT - Heard learned counsel for the petitioner. We are not inclined to interfere with the impugned order and judgment of the High Court. However, the question of law is kept open. Special leave petition is dismissed.

Summary

The Supreme Court of India in 2023 (6) TMI 1173 - SC Order, with Hon'ble Mr. Justice S. Ravindra Bhat and Hon'ble Mr. Justice Dipankar Datta presiding, condoned the delay and dismissed the special leave petition. The court did not interfere with the impugned order and judgment of the High Court, but kept the question of law open.