https://www.taxtmi.com/caselaws?id=204267 The High Court upheld the Tribunal's decision, ruling that a second rectification application on the same issue under section 254(2) of the Income-tax Act was not maintainable. The Court emphasized that once an issue is decided in a rectification application, another application on the same issue is impermissible. The judgment clarified the boundaries of rectification proceedings, ensuring that rectification applications are limited to issues not previously decided by the Tribunal. The Court's decision aimed to maintain the integrity of the rectification process and prevent repetitive challenges on the same matter. en-us Fri, 19 Mar 2010 00:00:00 +0530 Mon, 24 Dec 2012 15:42:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=204267 The High Court upheld the Tribunal's decision, ruling that a second rectification application on the same issue under section 254(2) of the Income-tax Act was not maintainable. The Court emphasized that once an issue is decided in a rectification application, another application on the same issue is impermissible. The judgment clarified the boundaries of rectification proceedings, ensuring that rectification applications are limited to issues not previously decided by the Tribunal. The Court's decision aimed to maintain the integrity of the rectification process and prevent repetitive challenges on the same matter. Case-Laws Income Tax Fri, 19 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=204267