https://www.taxtmi.com/caselaws?id=234748 The Tribunal dismissed the Miscellaneous Application seeking rectification under section 254(2) of the Income-tax Act, 1961, as it did not disclose any apparent error in the Tribunal's order. The Tribunal clarified that rectification under section 254(2) requires errors to be patent, manifest, and self-evident, not necessitating extensive discussion or going beyond the record. It emphasized its inability to review orders based on unconsidered arguments and held that the application lacked merit, citing precedents. The Tribunal's decision highlighted the constraints of rectification under section 254(2) and affirmed the original order. en-us Wed, 19 Jun 2013 00:00:00 +0530 Fri, 21 Jun 2013 10:13:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=234748 The Tribunal dismissed the Miscellaneous Application seeking rectification under section 254(2) of the Income-tax Act, 1961, as it did not disclose any apparent error in the Tribunal's order. The Tribunal clarified that rectification under section 254(2) requires errors to be patent, manifest, and self-evident, not necessitating extensive discussion or going beyond the record. It emphasized its inability to review orders based on unconsidered arguments and held that the application lacked merit, citing precedents. The Tribunal's decision highlighted the constraints of rectification under section 254(2) and affirmed the original order. Case-Laws Income Tax Wed, 19 Jun 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=234748