https://www.taxtmi.com/caselaws?id=796957 Revision under Section 264 cannot serve as a substitute for revising a self-assessment return after the statutory period for filing a revised return has expired. Where a tolerance-limit claim was omitted from the original return and not raised through a timely revised return, it cannot be introduced indirectly in revision against processing under Section 143(1) and the consequential demand notice under Section 156. Fresh consideration of that omitted claim is impermissible, and tax liability remains based on the self-assessment return and consequential demand. en-us Wed, 05 Aug 2026 00:00:00 +0530 Thu, 13 Aug 2026 08:30:32 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=796957 Revision under Section 264 cannot serve as a substitute for revising a self-assessment return after the statutory period for filing a revised return has expired. Where a tolerance-limit claim was omitted from the original return and not raised through a timely revised return, it cannot be introduced indirectly in revision against processing under Section 143(1) and the consequential demand notice under Section 156. Fresh consideration of that omitted claim is impermissible, and tax liability remains based on the self-assessment return and consequential demand. Case-Laws Income Tax Wed, 05 Aug 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=796957