https://www.taxtmi.com/caselaws?id=14710 The High Court partially allowed the petition, quashing the order rejecting the revision application under section 264 of the Income-tax Act for being time-barred. The court directed the respondent to rehear the revision application, emphasizing the importance of providing the assessee with a proper opportunity of hearing. The decision was based on procedural grounds rather than the merits of the case, highlighting the necessity for authorities to objectively assess claims in revisions in compliance with the law. Each assessment year was deemed independent, requiring timely filing of revisions. en-us Thu, 17 Feb 2000 00:00:00 +0530 Sat, 18 Jul 2009 11:44:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=14710 The High Court partially allowed the petition, quashing the order rejecting the revision application under section 264 of the Income-tax Act for being time-barred. The court directed the respondent to rehear the revision application, emphasizing the importance of providing the assessee with a proper opportunity of hearing. The decision was based on procedural grounds rather than the merits of the case, highlighting the necessity for authorities to objectively assess claims in revisions in compliance with the law. Each assessment year was deemed independent, requiring timely filing of revisions. Case-Laws Income Tax Thu, 17 Feb 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=14710