Bombay High Court Allows Writ Petition Challenging Rejection of Revision Petition Under Section 264 of Income Tax Act, 1961 — Mistake in Return of Income Due to Inadvertent Error by Accountant. Court holds that the Principal Commissioner ought to have considered the petitioner's explanation of a bona fide mistake and set aside the intimation under Section 143(1) to allow rectification.
8 Apr 2021The petitioner, an individual, filed her return of income for Assessment Year 2018-19 on 20 July 2018, showing total income of Rs. 27,05,646/- from ho...
