Revision petition time limit imposed for disposal, with mandated quarterly reporting of any delays and reasons. Direction requires Commissioners of Income Tax to dispose of revision petitions u/s.264 and similar petitions under other Direct Taxes Acts within one year from the end of the financial year in which the application is received, and mandates quarterly reporting to the Board of any petitions not disposed within that period with individual reasons in the prescribed proforma.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Revision petition time limit imposed for disposal, with mandated quarterly reporting of any delays and reasons.
Direction requires Commissioners of Income Tax to dispose of revision petitions u/s.264 and similar petitions under other Direct Taxes Acts within one year from the end of the financial year in which the application is received, and mandates quarterly reporting to the Board of any petitions not disposed within that period with individual reasons in the prescribed proforma.
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