https://www.taxtmi.com/caselaws?id=151840 The Tribunal held that instructions issued by the CBDT are binding on income-tax authorities, including those prescribing monetary limits for appeals. Observations by the Punjab and Haryana High Court were deemed passing remarks and not binding. The Tribunal's power under section 254(2) is limited to rectifying obvious mistakes, not reviewing decisions. Miscellaneous applications by Revenue were rejected as issues like binding instructions and appeal dismissals for small tax effect are debatable and beyond rectification scope. en-us Mon, 14 Feb 2005 00:00:00 +0530 Mon, 17 Jun 2013 18:37:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=151840 The Tribunal held that instructions issued by the CBDT are binding on income-tax authorities, including those prescribing monetary limits for appeals. Observations by the Punjab and Haryana High Court were deemed passing remarks and not binding. The Tribunal's power under section 254(2) is limited to rectifying obvious mistakes, not reviewing decisions. Miscellaneous applications by Revenue were rejected as issues like binding instructions and appeal dismissals for small tax effect are debatable and beyond rectification scope. Case-Laws Income Tax Mon, 14 Feb 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=151840