Appropriate Authority And Anr. vs Vijay Kumar Sharma

The Supreme Court upheld the decision of the Allahabad High Court in Vijay Kumar Sharma v. Appropriate Authority, affirming that a gross breach of principles of natural justice occurred under Section 269UD of the Income Tax Act, 1961. The Court ruled that the High Court was justified in setting aside the order without remitting the matter back to the appropriate authority. Consequently, the civil appeal was dismissed with costs, allowing the Revenue to withdraw the fixed deposit amount.