2025 (6) TMI 656

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....appearance of the petitioner. 2. The facts that led to the filing of this writ petition are as follows: The petitioner was an employee ICICI Bank, who took voluntary retirement during the assessment year 2004-05. As part of the benefits of retirement scheme, he received a compensation of Rs. 4,52,814/-. He submitted return of income for the said assessment year claiming the relief under Section 89(1) amounting to Rs. 24,353/. Subsequently he submitted a rectification application, seeking exemption under Section 10(10C) on retirement compensation, which was turned down by the assessing officer. Against the same, a revision petition was submitted by the petitioner before the 2nd respondent, which was rejected, relegating the petitioner to ....

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.... a specific finding that, the petitioner is not interested in prosecuting the matter. It is also pointed out that the 1st respondent, while arriving at such a decision, followed various judicial pronouncements, to justify his stand. Therefore, according to the learned Standing Counsel, the mandate under Subsection (6) of Section 250, was complied with, as the ultimate decision taken by the 1st respondent was supported by the reasons, which are clearly explained in the impugned order. 5. However, the crucial aspect to be noticed is that, even though in Ext.P1 order, reasons are mentioned for rejecting the appeal, those reasons are in respect of the non-appearance of the petitioner, for hearing on various dates. In other words, none of the....