https://www.taxtmi.com/caselaws?id=211421 The High Court upheld the Tribunal's rectification of its earlier order, confirming that the non-consideration of the Supreme Court decision constituted a mistake apparent from the record. The substantial questions of law were answered in favor of the assessee, affirming that there was no violation of section 13(1)(c)(ii) during the relevant assessment year. The High Court emphasized that section 254(2) is designed to rectify apparent mistakes to prevent any party from suffering due to errors by the Tribunal. en-us Thu, 22 Dec 2011 00:00:00 +0530 Tue, 14 Feb 2012 18:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211421 The High Court upheld the Tribunal's rectification of its earlier order, confirming that the non-consideration of the Supreme Court decision constituted a mistake apparent from the record. The substantial questions of law were answered in favor of the assessee, affirming that there was no violation of section 13(1)(c)(ii) during the relevant assessment year. The High Court emphasized that section 254(2) is designed to rectify apparent mistakes to prevent any party from suffering due to errors by the Tribunal. Case-Laws Income Tax Thu, 22 Dec 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211421