https://www.taxtmi.com/caselaws?id=326631 The High Court quashed the order under Section 264 of the Income Tax Act, 1961, dismissing the Revision Application challenging an Intimation under Section 143(1) for Assessment Year 2011-12. The Court found the order to be nonspeaking, ignoring evidence of determinate shares and past practices, breaching natural justice. The Court remanded the proceedings for reevaluation, leaving the issue of the Commissioner's jurisdiction open for reconsideration. The impugned order was set aside, and the Revision Application was restored for fresh disposal, with all contentions open for further consideration. en-us Wed, 13 Apr 2016 00:00:00 +0530 Mon, 18 Apr 2016 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=326631 The High Court quashed the order under Section 264 of the Income Tax Act, 1961, dismissing the Revision Application challenging an Intimation under Section 143(1) for Assessment Year 2011-12. The Court found the order to be nonspeaking, ignoring evidence of determinate shares and past practices, breaching natural justice. The Court remanded the proceedings for reevaluation, leaving the issue of the Commissioner's jurisdiction open for reconsideration. The impugned order was set aside, and the Revision Application was restored for fresh disposal, with all contentions open for further consideration. Case-Laws Income Tax Wed, 13 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=326631