https://www.taxtmi.com/caselaws?id=240762 The High Court held that the ITAT exceeded its powers under Section 254(2) by recalling its original order based on re-appreciation of evidence, which was outside the scope of rectifying a mistake apparent from the record. The Court set aside the ITAT's order and restored the original decision in favor of the revenue, emphasizing that quasi-judicial authorities cannot review their orders unless expressly authorized by statute. en-us Fri, 29 Nov 2013 00:00:00 +0530 Wed, 11 Dec 2013 11:04:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=240762 The High Court held that the ITAT exceeded its powers under Section 254(2) by recalling its original order based on re-appreciation of evidence, which was outside the scope of rectifying a mistake apparent from the record. The Court set aside the ITAT's order and restored the original decision in favor of the revenue, emphasizing that quasi-judicial authorities cannot review their orders unless expressly authorized by statute. Case-Laws Income Tax Fri, 29 Nov 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=240762