https://www.taxtmi.com/caselaws?id=220744 The court allowed the petition, quashing the impugned order by the Commissioner of Income Tax and directing the respondent to refund the amount of Rs.5,92,96,881/- with statutory interest to the petitioner. The decision emphasized the legal effect of amalgamation schemes on financial transactions and clarified the scope of revision petitions under section 264 of the Income Tax Act. en-us Tue, 15 Jan 2013 00:00:00 +0530 Mon, 18 May 2026 15:54:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=220744 The court allowed the petition, quashing the impugned order by the Commissioner of Income Tax and directing the respondent to refund the amount of Rs.5,92,96,881/- with statutory interest to the petitioner. The decision emphasized the legal effect of amalgamation schemes on financial transactions and clarified the scope of revision petitions under section 264 of the Income Tax Act. Case-Laws Income Tax Tue, 15 Jan 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=220744