Gauhati HC on a humane approach & powers of Commissioner under Section 264

Jennyfar Lalzarliani Hrahsel Vs Union of India (Gauhati High Court) Gauhati High Court on a humane approach and powers of the Commissioner under Section 264.   The Hon’ble Gauhati High Court, Aizawl Bench has set aside the revisional order dated 30.12.2024 passed under Section 264 of the Income Tax Act, 1961 and remanded the matter back to the revisional authority. The principal controversy before the Court was whether the petitioner, a Mizo tribal woman engaged in retail and wholesale distribution of FMCG products in Mizoram, is entitled to the exemption under Section 10(26) of the Income ...