https://www.taxtmi.com/caselaws?id=209772 The court dismissed the writ petition, upholding the decisions of the Assessing Officer and the Commissioner of Income Tax. It emphasized the statutory requirements for revising returns and clarified that the National Housing Bank Act does not override the Income Tax Act. The court also ruled that refund claims must stem from an order passed under the statute and that pursuing both revision and appeal remedies simultaneously is not permissible. Consequently, no refund was granted, and the writ petition was rejected. en-us Thu, 15 Dec 2011 00:00:00 +0530 Tue, 29 May 2012 15:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=209772 The court dismissed the writ petition, upholding the decisions of the Assessing Officer and the Commissioner of Income Tax. It emphasized the statutory requirements for revising returns and clarified that the National Housing Bank Act does not override the Income Tax Act. The court also ruled that refund claims must stem from an order passed under the statute and that pursuing both revision and appeal remedies simultaneously is not permissible. Consequently, no refund was granted, and the writ petition was rejected. Case-Laws Income Tax Thu, 15 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=209772