https://www.taxtmi.com/caselaws?id=437777 The HC quashed the order by the Principal Commissioner of Income Tax, which rejected the revision under Section 264 of the Income Tax Act, 1961. The Court held that the pendency of a writ petition challenging reassessment proceedings did not constitute an appeal under Section 264(4)(a), thus allowing the revisional proceedings to continue. The Court directed the respondent to proceed with the revision process promptly, ensuring adherence to legal standards. en-us Thu, 11 May 2023 00:00:00 +0530 Mon, 05 Feb 2024 11:21:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=437777 The HC quashed the order by the Principal Commissioner of Income Tax, which rejected the revision under Section 264 of the Income Tax Act, 1961. The Court held that the pendency of a writ petition challenging reassessment proceedings did not constitute an appeal under Section 264(4)(a), thus allowing the revisional proceedings to continue. The Court directed the respondent to proceed with the revision process promptly, ensuring adherence to legal standards. Case-Laws Income Tax Thu, 11 May 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=437777