2016 (8) TMI 1444

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.... 1. This petition under Article 226 of the Constitution of India challenges the order dated 30th March, 2016 passed by the Principal Commissioner of Income Tax. By the impugned order, the petitioner's application for revision under Section 264 of the Income Tax Act, 1961 (the Act) was dismissed on the ground that no sufficient cause has been shown for condoning the delay in filing the Revisi....

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....e Act, which had been inadvertently not claimed by the petitioner during the assessment proceedings. 4. The application for condonation of delay filed by the petitioner reads as under :­ "Ref : Application for condonation of delay in filing petition u/s 264 of the Income Tax Act, 1961 for revision of the order u/s 143(3) dated 22.03.2013 of DCIT 4(1) for A.Y. 2011-­12. Your applicant ....

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....ant could not file the application u/s 264 within the prescribed period of limitation i.e. one year from date of receipt of assessment order u/s 143(3). The petition should have been submitted on or before 24.03.2014. In view of the legal position obtained now, the application is being filed. Your honour is requested to admit the belated application in terms of the proviso to Sec.264(3) of the ....