2022 (2) TMI 1332 - HC - Income Tax

Maintainability of orders passed by ACIT u/s 179 - respondents raises a preliminary objection to the maintainability of the writ petitions on the ground that the petitioners have an alternative effective remedy by way of revision petitions u/s 264 - learned counsel for the petitioners wishes to withdraw the present writ petitions with liberty to file revision petitions. HELD THAT - With the aforesaid liberty, the present writ petitions along with pending applications stand disposed of. It is clarified that in the event the revision petitions are filed within two weeks, the matters shall not be dismissed on the ground of limitation. The rights and contentions of all the parties are left open.

Summary

The High Court of Delhi dismissed the writ petitions challenging orders passed by the Assistant Commissioner of Income Tax for the assessment years 2010-11, 2011-12, and 2012-13. The petitioners were given the liberty to file revision petitions under Section 264 of the Income Tax Act within two weeks without dismissal on the ground of limitation.