https://www.taxtmi.com/highlights?id=96715 Revisional powers under Section 264 were held to be broad and aimed at preventing miscarriage of justice and granting relief to an assessee even where the assessee committed mistakes in the original return; consequently the revision application should have been considered and the impugned order under Section 264 was set aside. The court distinguished the Supreme Court decision in Goetze (India) Ltd., finding it inapplicable because that case did not address revisional powers under Section 264 but concerned a post filing deduction without a revised return. en-us Mon, 09 Feb 2026 09:18:00 +0530 Mon, 09 Feb 2026 09:18:03 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=96715 Revisional powers under Section 264 were held to be broad and aimed at preventing miscarriage of justice and granting relief to an assessee even where the assessee committed mistakes in the original return; consequently the revision application should have been considered and the impugned order under Section 264 was set aside. The court distinguished the Supreme Court decision in Goetze (India) Ltd., finding it inapplicable because that case did not address revisional powers under Section 264 but concerned a post filing deduction without a revised return. Highlights Income Tax Mon, 09 Feb 2026 09:18:00 +0530 https://www.taxtmi.com/highlights?id=96715