https://www.taxtmi.com/caselaws?id=413126 A revisional authority under Section 264 of the Income-tax Act must pass a reasoned order after considering the material and granting an opportunity of hearing. An order that declines relief without dealing with the merits, and relies only on the availability of a departmental remedy against an ITAT decision, does not show application of mind. The impugned revisional order was therefore set aside and the matter remanded for fresh consideration on merits. en-us Thu, 30 Sep 2021 00:00:00 +0530 Mon, 04 Oct 2021 21:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=413126 A revisional authority under Section 264 of the Income-tax Act must pass a reasoned order after considering the material and granting an opportunity of hearing. An order that declines relief without dealing with the merits, and relies only on the availability of a departmental remedy against an ITAT decision, does not show application of mind. The impugned revisional order was therefore set aside and the matter remanded for fresh consideration on merits. Case-Laws Income Tax Thu, 30 Sep 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=413126