On writ against the dismissal order the Court held that the Principal Commissioner had dismissed the assessee’s revision petition under section 264 without giving any reason on the merits, except stating that the petition was premature. He had neither applied his mind to the controversy at hand nor passed a reasoned order. The order dismissing the revision petition was set aside and the matter was remitted to the Principal Commissioner for passing a reasoned order. (AY.2016-17)