Revision application u/s 264 was initially rejected due to ...

Revision plea saved despite initial fee non-payment; court allows rectification, quashes rejection on technicalities.

Case Laws Income Tax

October 10, 2024

Revision application u/s 264 was initially rejected due to non-payment of mandatory fee of Rs. 500. However, the petitioner paid the fee immediately upon objection raised. The court held that the statutory requirement of Section 264(5) was sufficiently complied with by payment of fees, even if the filing date is considered as the date of fee payment. The decision relied upon by the respondent was inapplicable as no fees were paid in that case, whereas in the present case, fees were paid upon objection. The impugned order rejecting the revision application on technical grounds was quashed and the matter remanded to decide on merits after providing an opportunity of hearing within 12 weeks.

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Revision application u/s 264 was initially rejected due to ...

Revision plea saved despite initial fee non-payment; court allows rectification, quashes rejection on technicalities.

Case Laws Income Tax

October 10, 2024

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