Mettupalayam Ramamoorthi Rathindran v. PCIT (2025) 474 ITR 120 (Mad)(HC)

S. 264: Commissioner-Revision of other orders-Long term capital gains-Objections of the assessee was not considered-Order was quashed and set aside-Matter remanded. [S. 45, 48, Art. 226]

Allowing the petition the Court held that  the contention raised by the assessee was that he was entitled to claim a deduction in respect of expenditure incurred wholly or exclusively in connection with the sale of property. This contention was contained in the revision petition. On examining the order, it was clear that the officer had not dealt with this contention. The order was quashed and the matter was remanded for reconsideration after giving the assessee opportunity to be heard.(SJ (AY.2021-22.)