https://www.taxtmi.com/caselaws?id=176410 The HC allowed the writ petition, setting aside the CIT's order and remitting the matter back to the CIT for a decision on merits. The court found the delay in filing the revision application under section 264 of the Income Tax Act, 1961, was due to a genuine oversight and not malafide intent. It held that the delay should be condoned, as the petitioner demonstrated sufficient cause for the late filing, emphasizing the bona fide nature of the mistake and the lack of proper advice from the tax department. en-us Thu, 28 Aug 2008 00:00:00 +0530 Sat, 20 Jan 2024 09:57:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=176410 The HC allowed the writ petition, setting aside the CIT's order and remitting the matter back to the CIT for a decision on merits. The court found the delay in filing the revision application under section 264 of the Income Tax Act, 1961, was due to a genuine oversight and not malafide intent. It held that the delay should be condoned, as the petitioner demonstrated sufficient cause for the late filing, emphasizing the bona fide nature of the mistake and the lack of proper advice from the tax department. Case-Laws Income Tax Thu, 28 Aug 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=176410