2017 (9) TMI 175

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... the Respondent : ORDER This petition is basically under Article 227 of the Constitution of India to assail the validity of the order dated 04.03.2016 passed by the Principal Commissioner of Income Tax-II, Jabalpur under Section 264 of the Income Tax Act, 1961 (hereinafter referred to as the 'Act'). 2. Petitioner is an individual. From an AIR information submitted by the Bank, it ....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....Senior counsel at lenght and perused the material available on the record. 4. Shri Purohit submits that while exercising the revisional powers, the Principal Commissioner of Income Tax-II, Jabalpur has a vast jurisdiction to do justice between the parites and when necessary material was placed before the revisional authority, it was his duty to pass an appropriate order or in the alternative ma....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

....d the facts in detail and thereafter has dismissed the revision. The reliance placed on the decision of the Supreme Court is clearly distinguishable on the facts because of the cryptic order passed by the revisional authority under Section 264 of the Act and equally cryptic order passed by the High Court. 7. The order passed under Section 264 of the Act is a detailed order with reasons and afte....