https://www.taxtmi.com/caselaws?id=218705 The High Court allowed the petition, setting aside the Commissioner's order under section 264 of the Income-tax Act, 1961, and remanding the proceedings for fresh consideration. The Court emphasized the wide discretion of the Commissioner in granting relief to the assessee and clarified that revision proceedings are not limited to cases where the assessee cannot approach appellate authorities. The Court found the Commissioner's reasons for rejecting the revision petition to be untenable and held that the Commissioner had misconstrued the scope of revisional powers. en-us Wed, 10 Oct 2012 00:00:00 +0530 Fri, 23 Nov 2012 08:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=218705 The High Court allowed the petition, setting aside the Commissioner's order under section 264 of the Income-tax Act, 1961, and remanding the proceedings for fresh consideration. The Court emphasized the wide discretion of the Commissioner in granting relief to the assessee and clarified that revision proceedings are not limited to cases where the assessee cannot approach appellate authorities. The Court found the Commissioner's reasons for rejecting the revision petition to be untenable and held that the Commissioner had misconstrued the scope of revisional powers. Case-Laws Income Tax Wed, 10 Oct 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=218705