https://www.taxtmi.com/caselaws?id=76351 The Tribunal's decision to recall and pass a fresh order under section 254 of the Income-tax Act was deemed unsustainable as it was considered a review rather than a rectification. The court emphasized the narrower scope of rectification under section 254(2) and ruled in favor of the Revenue, setting aside the impugned orders. The judgment underscored the distinction between rectification and review under the Act, leading to the parties bearing their own costs in the case. en-us Thu, 13 Sep 2007 00:00:00 +0530 Mon, 21 Jun 2010 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=76351 The Tribunal's decision to recall and pass a fresh order under section 254 of the Income-tax Act was deemed unsustainable as it was considered a review rather than a rectification. The court emphasized the narrower scope of rectification under section 254(2) and ruled in favor of the Revenue, setting aside the impugned orders. The judgment underscored the distinction between rectification and review under the Act, leading to the parties bearing their own costs in the case. Case-Laws Income Tax Thu, 13 Sep 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=76351