https://www.taxtmi.com/caselaws?id=36120 The court quashed the Additional Commissioner's order dismissing the revision petition as time-barred, directing the Commissioner to condone the delay and hear the petition on merits by a specified date. The court criticized the CBDT's refusal to interfere as contrary to assurances given, deeming it perverse. Regarding the disallowance of directors' remuneration, the court found the Commissioner's refusal to condone the delay harsh but not perverse. The court emphasized the need for expeditious disposal of the petition. Despite making the rule absolute, each party was directed to bear their own costs due to the unique circumstances. en-us Thu, 30 Nov 1978 00:00:00 +0530 Fri, 19 Mar 2010 13:50:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=36120 The court quashed the Additional Commissioner's order dismissing the revision petition as time-barred, directing the Commissioner to condone the delay and hear the petition on merits by a specified date. The court criticized the CBDT's refusal to interfere as contrary to assurances given, deeming it perverse. Regarding the disallowance of directors' remuneration, the court found the Commissioner's refusal to condone the delay harsh but not perverse. The court emphasized the need for expeditious disposal of the petition. Despite making the rule absolute, each party was directed to bear their own costs due to the unique circumstances. Case-Laws Income Tax Thu, 30 Nov 1978 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=36120