https://www.taxtmi.com/caselaws?id=367735 The court dismissed the revision petition under Section 264 of the Income Tax Act, 1961, due to a delay of more than five years without proper reasons. The petitioner's argument citing the previous Chartered Accountant's failure and a communication from ICICI Bank were deemed insufficient. The court upheld the first respondent's decision, stating ignorance of the law was not a valid excuse for the delay. The writ petition was dismissed without costs, and no grounds for interference were found. en-us Thu, 06 Sep 2018 00:00:00 +0530 Tue, 25 Sep 2018 08:25:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=367735 The court dismissed the revision petition under Section 264 of the Income Tax Act, 1961, due to a delay of more than five years without proper reasons. The petitioner's argument citing the previous Chartered Accountant's failure and a communication from ICICI Bank were deemed insufficient. The court upheld the first respondent's decision, stating ignorance of the law was not a valid excuse for the delay. The writ petition was dismissed without costs, and no grounds for interference were found. Case-Laws Income Tax Thu, 06 Sep 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=367735