https://www.taxtmi.com/caselaws?id=16336 The court upheld the rejection of the petitioner's revision petition filed under section 264 of the Income-tax Act due to delay beyond the limitation period, finding no sufficient cause for the delay. Additionally, the court deemed the rejection of the petitioner's declaration under the Kar Vivad Samadhan Scheme appropriate, emphasizing that the scheme aims to resolve genuine pending litigations and should not be used to create artificial pendency. The court dismissed the petitioner's challenges to the rejection orders and imposed costs of Rs. 2,000 payable to the respondents. en-us Thu, 18 Feb 1999 00:00:00 +0530 Mon, 07 Sep 2009 11:03:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16336 The court upheld the rejection of the petitioner's revision petition filed under section 264 of the Income-tax Act due to delay beyond the limitation period, finding no sufficient cause for the delay. Additionally, the court deemed the rejection of the petitioner's declaration under the Kar Vivad Samadhan Scheme appropriate, emphasizing that the scheme aims to resolve genuine pending litigations and should not be used to create artificial pendency. The court dismissed the petitioner's challenges to the rejection orders and imposed costs of Rs. 2,000 payable to the respondents. Case-Laws Income Tax Thu, 18 Feb 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16336