https://www.taxtmi.com/caselaws?id=280395 The High Court of Madras found the petition filed by the revenue to revoke an order maintainable, rejecting arguments against its maintainability. The Court addressed allegations of misrepresentation by the assessee regarding receivables, directing a reconsideration and providing an opportunity for the assessee to present evidence. Justifying the revocation of the order dated 07.11.2018 due to misrepresentation, the Court remanded the matter for a fresh decision, emphasizing a fair opportunity for the assessee. The Court considered the factual matrix and reassessed the situation, instructing prompt decision-making with all relevant information. en-us Mon, 03 Dec 2018 00:00:00 +0530 Fri, 03 May 2019 08:55:01 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=280395 The High Court of Madras found the petition filed by the revenue to revoke an order maintainable, rejecting arguments against its maintainability. The Court addressed allegations of misrepresentation by the assessee regarding receivables, directing a reconsideration and providing an opportunity for the assessee to present evidence. Justifying the revocation of the order dated 07.11.2018 due to misrepresentation, the Court remanded the matter for a fresh decision, emphasizing a fair opportunity for the assessee. The Court considered the factual matrix and reassessed the situation, instructing prompt decision-making with all relevant information. Case-Laws Income Tax Mon, 03 Dec 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=280395