https://www.taxtmi.com/caselaws?id=158692 Revisional power under section 40 is limited to correcting illegality or impropriety in an existing order, and it cannot be used to reopen a concluded appellate order merely because a later tribunal ruling takes a different view. An order made in accordance with the law prevailing at the time does not become illegal or improper retrospectively. The text also notes that upsetting such finalized matters would create uncertainty and endless reopening of closed cases. On that basis, the revisional authority was not justified in interfering, and the Tribunal's setting aside of the revisional order was upheld. en-us Tue, 21 Jan 1997 00:00:00 +0530 Tue, 05 Nov 2013 16:29:47 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=158692 Revisional power under section 40 is limited to correcting illegality or impropriety in an existing order, and it cannot be used to reopen a concluded appellate order merely because a later tribunal ruling takes a different view. An order made in accordance with the law prevailing at the time does not become illegal or improper retrospectively. The text also notes that upsetting such finalized matters would create uncertainty and endless reopening of closed cases. On that basis, the revisional authority was not justified in interfering, and the Tribunal's setting aside of the revisional order was upheld. Case-Laws VAT and Sales Tax Tue, 21 Jan 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=158692