https://www.taxtmi.com/caselaws?id=406918 The court allowed the petition challenging the rejection of the revision petition under Section 264 of the Income Tax Act. The Principal Commissioner's dismissal on the basis of an alternate remedy of appeal was deemed incorrect as the petitioner had not filed an appeal within the stipulated time. The court emphasized the need to consider the merits of the case and directed the Principal Commissioner to reevaluate the application under Section 264, ensuring a reasoned decision after hearing the petitioner. No costs were awarded, and parties were instructed to comply with the court's order. en-us Thu, 08 Apr 2021 00:00:00 +0530 Fri, 03 Apr 2026 13:08:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406918 The court allowed the petition challenging the rejection of the revision petition under Section 264 of the Income Tax Act. The Principal Commissioner's dismissal on the basis of an alternate remedy of appeal was deemed incorrect as the petitioner had not filed an appeal within the stipulated time. The court emphasized the need to consider the merits of the case and directed the Principal Commissioner to reevaluate the application under Section 264, ensuring a reasoned decision after hearing the petitioner. No costs were awarded, and parties were instructed to comply with the court's order. Case-Laws Income Tax Thu, 08 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406918