https://www.taxtmi.com/caselaws?id=71555 The miscellaneous application filed by the assessee to rectify mistakes apparent from the record under sec. 254(2) of the Income Tax Act was dismissed. The Tribunal's decision not to follow certain case law did not amount to an apparent mistake, and the Tribunal's power to rectify mistakes does not extend to reviewing its own decisions on merits. Therefore, the Tribunal's original decision was upheld, and the miscellaneous application was rejected. en-us Thu, 22 Feb 1996 00:00:00 +0530 Mon, 25 Apr 2011 15:56:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=71555 The miscellaneous application filed by the assessee to rectify mistakes apparent from the record under sec. 254(2) of the Income Tax Act was dismissed. The Tribunal's decision not to follow certain case law did not amount to an apparent mistake, and the Tribunal's power to rectify mistakes does not extend to reviewing its own decisions on merits. Therefore, the Tribunal's original decision was upheld, and the miscellaneous application was rejected. Case-Laws Income Tax Thu, 22 Feb 1996 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=71555