https://www.taxtmi.com/caselaws?id=11178 A revision petition under section 264 of the Income-tax Act was treated as pending for Kar Vivad Samadhan Scheme eligibility because it challenged the correctness of interest computation, not merely waiver of interest. The Commissioner's revisional power extends to errors in assessment-related interest calculation where the grievance concerns the legality or correctness of the subordinate order. On that basis, the pending revision satisfied the Scheme's statutory condition, and the declaration could not be rejected on the premise that no valid revision was pending. The declaration was therefore maintainable for the limited interest-dispute issue. en-us Thu, 24 Jul 2003 00:00:00 +0530 Sat, 01 Aug 2009 11:47:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11178 A revision petition under section 264 of the Income-tax Act was treated as pending for Kar Vivad Samadhan Scheme eligibility because it challenged the correctness of interest computation, not merely waiver of interest. The Commissioner's revisional power extends to errors in assessment-related interest calculation where the grievance concerns the legality or correctness of the subordinate order. On that basis, the pending revision satisfied the Scheme's statutory condition, and the declaration could not be rejected on the premise that no valid revision was pending. The declaration was therefore maintainable for the limited interest-dispute issue. Case-Laws Income Tax Thu, 24 Jul 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11178