https://www.taxtmi.com/caselaws?id=758951 The Gujarat HC held that revision under Section 264 is maintainable against intimation issued under Section 143(1) of the Income Tax Act. The court determined that powers under Section 264 are wide-ranging, allowing correction of errors by both subordinate authorities and assessees, including situations where legitimate claims were not initially raised. The commissioner should have condoned the delay considering the circumstances, particularly the prolonged disposal time by CIT(A). Following precedent from Bombay HC, the court confirmed that Section 143(1) intimations fall within the ambit of "any orders" under Section 264, making revision applications maintainable against such intimations. en-us Tue, 27 Aug 2024 00:00:00 +0530 Fri, 20 Sep 2024 18:14:19 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=758951 The Gujarat HC held that revision under Section 264 is maintainable against intimation issued under Section 143(1) of the Income Tax Act. The court determined that powers under Section 264 are wide-ranging, allowing correction of errors by both subordinate authorities and assessees, including situations where legitimate claims were not initially raised. The commissioner should have condoned the delay considering the circumstances, particularly the prolonged disposal time by CIT(A). Following precedent from Bombay HC, the court confirmed that Section 143(1) intimations fall within the ambit of "any orders" under Section 264, making revision applications maintainable against such intimations. Case-Laws Income Tax Tue, 27 Aug 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=758951