https://www.taxtmi.com/caselaws?id=20069 The firm sought an extension to file its income tax return for the assessment year 1984-85, eventually filing a revised return under the Amnesty Scheme. The Commissioner dismissed the revision petitions, emphasizing the need for a true disclosure prompted by ongoing investigations. The petitioner challenged interest demanded under the Income-tax Act, with the appellate order reducing the interest. The appellate order also reduced additions to income and disallowances. The court upheld the Commissioner's dismissal of the revision petitions, stating the Commissioner had discretion to base decisions on any available grounds. The original petition was dismissed without costs. en-us Tue, 24 May 1994 00:00:00 +0530 Wed, 11 Nov 2009 14:25:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=20069 The firm sought an extension to file its income tax return for the assessment year 1984-85, eventually filing a revised return under the Amnesty Scheme. The Commissioner dismissed the revision petitions, emphasizing the need for a true disclosure prompted by ongoing investigations. The petitioner challenged interest demanded under the Income-tax Act, with the appellate order reducing the interest. The appellate order also reduced additions to income and disallowances. The court upheld the Commissioner's dismissal of the revision petitions, stating the Commissioner had discretion to base decisions on any available grounds. The original petition was dismissed without costs. Case-Laws Income Tax Tue, 24 May 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=20069