Supreme Court of India · 2018-02-16
INDUSTRIAL INFRASTRUCTURE DEVELOPMENT CORPORATION (GWALIOR) M.P. LTD. vs COMMISSIONER OF INCOME TAX GWALIOR M.P.
- Citation / case number
- SC 2007/18825
- Court
- Supreme Court of India
- Petitioner
- INDUSTRIAL INFRASTRUCTURE DEVELOPMENT CORPORATION (GWALIOR) M.P. LTD.
- Respondent
- COMMISSIONER OF INCOME TAX GWALIOR M.P.
- Author
- HON'BLE MR. JUSTICE ABHAY MANOHAR SAPRE
- Bench
- HON'BLE MR. JUSTICE ABHAY MANOHAR SAPRE HON'BLE MR. JUSTICE R.K. AGRAWAL
Judgment text excerpt
The Supreme Court examined the validity of the cancellation of a registration certificate under Section 12A of the Income Tax Act, 1961, by the Commissioner of Income Tax (CIT). The Court held that the CIT has the authority to cancel the registration certificate if it is found that the conditions for registration were not met, thus affirming the CIT's decision. The appeal was dismissed, upholding the High Court's order that restored the CIT's cancellation of the registration.