https://www.taxtmi.com/caselaws?id=442598 The HC quashed the impugned order dated 26th March 2021, concerning the petitioner's default under the Income Declaration Scheme, 2016. The Court remanded the matter to Respondent No. 1 for a decision on the merits, emphasizing the need for a personal hearing and a reasoned order addressing all submissions. The Court highlighted the broad jurisdiction under Section 264 of the Income-tax Act, 1961, allowing the Commissioner to rectify errors, including those made by the assessee. The HC instructed that the application be resolved within eight weeks. en-us Mon, 28 Aug 2023 00:00:00 +0530 Wed, 13 Dec 2023 15:19:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=442598 The HC quashed the impugned order dated 26th March 2021, concerning the petitioner's default under the Income Declaration Scheme, 2016. The Court remanded the matter to Respondent No. 1 for a decision on the merits, emphasizing the need for a personal hearing and a reasoned order addressing all submissions. The Court highlighted the broad jurisdiction under Section 264 of the Income-tax Act, 1961, allowing the Commissioner to rectify errors, including those made by the assessee. The HC instructed that the application be resolved within eight weeks. Case-Laws Income Tax Mon, 28 Aug 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=442598