https://www.taxtmi.com/caselaws?id=62849 A rectification application under section 254(2) is governed by the date of filing, not the date on which the Tribunal passes the rectification order. If the application is moved within four years from the order sought to be rectified, the proceeding is validly initiated and cannot be defeated by delay in disposal by the Tribunal. The same approach was applied by analogy to the old income-tax rectification scheme. A timely application therefore remains effective even if the final order is made after expiry of the four-year period. en-us Mon, 04 Sep 1989 00:00:00 +0530 Thu, 02 Feb 2017 17:16:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=62849 A rectification application under section 254(2) is governed by the date of filing, not the date on which the Tribunal passes the rectification order. If the application is moved within four years from the order sought to be rectified, the proceeding is validly initiated and cannot be defeated by delay in disposal by the Tribunal. The same approach was applied by analogy to the old income-tax rectification scheme. A timely application therefore remains effective even if the final order is made after expiry of the four-year period. Case-Laws Income Tax Mon, 04 Sep 1989 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=62849