https://www.taxtmi.com/caselaws?id=68722 The Tribunal acknowledged a mistake in its order dated 9-9-1996 and rectified it following the Supreme Court's judgment, which clarified the Corporation's exemption status under sections 10(20) and 11 of the Income-tax Act. The Tribunal emphasized its authority to rectify errors under section 254(2) and directed a reassessment of the Corporation's eligibility for exemption under section 11, considering registration requirements under section 12A. The Tribunal's decision necessitated further proceedings and notices to the parties for compliance with the Supreme Court's directives. en-us Fri, 08 Sep 2000 00:00:00 +0530 Fri, 01 Apr 2011 10:49:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=68722 The Tribunal acknowledged a mistake in its order dated 9-9-1996 and rectified it following the Supreme Court's judgment, which clarified the Corporation's exemption status under sections 10(20) and 11 of the Income-tax Act. The Tribunal emphasized its authority to rectify errors under section 254(2) and directed a reassessment of the Corporation's eligibility for exemption under section 11, considering registration requirements under section 12A. The Tribunal's decision necessitated further proceedings and notices to the parties for compliance with the Supreme Court's directives. Case-Laws Income Tax Fri, 08 Sep 2000 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=68722