https://www.taxtmi.com/caselaws?id=206017 The court found that the ITAT's order modifying its earlier decision was not justified as it amounted to a change of opinion rather than rectifying a mistake. The court held that the ITAT's actions went beyond its powers under Section 254(2) of the IT Act, which do not allow for re-assessment or review of debatable issues. Consequently, the court set aside the impugned order, answering substantial questions of law in favor of the appellant and allowing the appeal. en-us Wed, 07 Sep 2011 00:00:00 +0530 Thu, 08 Sep 2016 15:32:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206017 The court found that the ITAT's order modifying its earlier decision was not justified as it amounted to a change of opinion rather than rectifying a mistake. The court held that the ITAT's actions went beyond its powers under Section 254(2) of the IT Act, which do not allow for re-assessment or review of debatable issues. Consequently, the court set aside the impugned order, answering substantial questions of law in favor of the appellant and allowing the appeal. Case-Laws Income Tax Wed, 07 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206017