Section 264 Relief Cannot Be Denied Merely Due to Pending SC Issue: Delhi HC

Shangri-La International Hotel Management PTE. Ltd Vs CIT (International Tax) (Delhi High Court) The Delhi High Court considered a writ petition challenging an order dated 26.03.2025 passed under Section 264 of the Income-tax Act, 1961 for Assessment Year 2021–22. The petitioner had sought revision of an intimation/order dated 28.04.2022 issued under Section 143(1) by filing an application on 28.04.2023, along with a request for refund and interest under Section 244A. The tax authority accepted that the revision application under Section 264 was maintainable, relying on earlier Delhi High Co...