Dismissing the petition the Court held that; if, assessee wanted to dispute his own declaration in return, he had to take appropriate steps before Commissioner within one year of acceptance of return of return. The assessee could not take shelter of non-communication of intimation of acceptance of return under section 143(1) for filing revision application with a delay of seven years. (AY. 2007-08)
Sham Anand Salunkhe v. PCIT (2019) 263 Taxman 190 (Bom.)(HC)
S. 264 : Commissioner-Revision of other orders–Delay of seven years-Return accepted u/s. 143(1)-Rejection of revision application is held to be justified. [S. 143(1)]