Department must not take advantage of ignorance of assessee – HC

HIGH COURT OF BOMBAY Sanchit Software and Solutions (P.) Ltd. versus Commissioner of Income-tax – 8 WRIT PETITION NO. 783 OF 2012 SEPTEMBER 7, 2012 JUDGMENT M.S. Sanklecha, J. By this petition under Article 226 of the Constitution of India, the petitioner challenges the order dated 07.02.2011 passed by the Commissioner of Income Tax under Section 264 of the Income Tax Act, 1961 (‘the Act’) dismissing the petitioner’s revision application. The challenge is to the failure of the Commissioner of Income Tax to exercise jurisdiction vested in her under Secti...