Meaning of “Cancel”

Case Name : Raj stores vs. CIT

Citation : [1987] 35 taxman 28/170 ITR 119 (all.)

Court :  Allahabad high court

Section : 184 to 187

Meaning : The word ‘cancel’ occurring in sub-section (1) of section 186, implies that the registration for the assessment year for which it is sought to be cancelled was already granted. If no registration is already granted for a given assessment year, then the question of registration being cancelled will not arise.

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