https://www.taxtmi.com/caselaws?id=448215 A revisional application under Section 264 of the Income-tax Act cannot be rejected merely because the assessee could have filed a revised return, especially where that statutory option had already become time-barred when the error was discovered. Section 248 is limited to claims arising from tax deducted under Section 195 on payments to non-residents, where the payer asserts that no tax was deductible; it does not cover dividend distribution tax disputes. The commentary notes that these grounds were insufficient to sustain rejection of the revision petition, and the revisional authority was required to consider the matter on merits. en-us Tue, 09 Jan 2024 00:00:00 +0530 Sat, 13 Jan 2024 18:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=448215 A revisional application under Section 264 of the Income-tax Act cannot be rejected merely because the assessee could have filed a revised return, especially where that statutory option had already become time-barred when the error was discovered. Section 248 is limited to claims arising from tax deducted under Section 195 on payments to non-residents, where the payer asserts that no tax was deductible; it does not cover dividend distribution tax disputes. The commentary notes that these grounds were insufficient to sustain rejection of the revision petition, and the revisional authority was required to consider the matter on merits. Case-Laws Income Tax Tue, 09 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=448215