https://www.taxtmi.com/caselaws?id=786217 Revisional powers under Section 264 permit the revenue to reopen and correct assessments even where the assessee committed mistakes in the original return; the court held such powers are wide and aimed at preventing miscarriage of justice, and distinguished Goetze (India) Ltd. as inapplicable because that decision concerned a deduction sought by letter after filing without a revised return. For failure to consider the revision application on its merits despite the self-caused errors, the impugned order under the revisional provision was set aside. en-us Tue, 03 Feb 2026 00:00:00 +0530 Mon, 09 Feb 2026 09:17:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=786217 Revisional powers under Section 264 permit the revenue to reopen and correct assessments even where the assessee committed mistakes in the original return; the court held such powers are wide and aimed at preventing miscarriage of justice, and distinguished Goetze (India) Ltd. as inapplicable because that decision concerned a deduction sought by letter after filing without a revised return. For failure to consider the revision application on its merits despite the self-caused errors, the impugned order under the revisional provision was set aside. Case-Laws Income Tax Tue, 03 Feb 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=786217