https://www.taxtmi.com/caselaws?id=282186 Rejection of a revisional application does not, by itself, cause the subordinate assessment order to merge into the revisional order; the original order remains operative where revision is merely refused. A writ petition is not barred by delay when the assessee timely pursued the statutory revisional remedy and approached the Court soon after the revisional rejection was communicated. In certiorari, an error apparent must be manifest and not merely a debatable construction; on the statutory scheme governing exemption, computation of total income, partner's share of firm losses, and set-off, the revenue's view was reasonably possible. The challenge to denial of deduction for rate purposes therefore failed, and the assessment was left undisturbed. en-us Wed, 22 Feb 1961 00:00:00 +0530 Thu, 25 Jul 2019 17:23:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=282186 Rejection of a revisional application does not, by itself, cause the subordinate assessment order to merge into the revisional order; the original order remains operative where revision is merely refused. A writ petition is not barred by delay when the assessee timely pursued the statutory revisional remedy and approached the Court soon after the revisional rejection was communicated. In certiorari, an error apparent must be manifest and not merely a debatable construction; on the statutory scheme governing exemption, computation of total income, partner's share of firm losses, and set-off, the revenue's view was reasonably possible. The challenge to denial of deduction for rate purposes therefore failed, and the assessment was left undisturbed. Case-Laws Income Tax Wed, 22 Feb 1961 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=282186