https://www.taxtmi.com/caselaws?id=250402 The Court allowed the Revenue to challenge the order of the Income Tax Appellate Tribunal, finding grounds for interference in its Writ jurisdiction due to discrepancies in figures and cryptic reasoning in the Tribunal's order. However, the Court dismissed the Writ Petition after determining that the Tribunal's decision on rectification proceedings under Section 154(1A) of the Income Tax Act did not exhibit perversity or legal error. The Court held that the Tribunal's refusal to correct alleged factual errors was within its permissible scope, ultimately denying the Revenue's request and dismissing the Writ Petition without costs. en-us Thu, 31 Jul 2014 00:00:00 +0530 Tue, 12 Aug 2014 06:26:43 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=250402 The Court allowed the Revenue to challenge the order of the Income Tax Appellate Tribunal, finding grounds for interference in its Writ jurisdiction due to discrepancies in figures and cryptic reasoning in the Tribunal's order. However, the Court dismissed the Writ Petition after determining that the Tribunal's decision on rectification proceedings under Section 154(1A) of the Income Tax Act did not exhibit perversity or legal error. The Court held that the Tribunal's refusal to correct alleged factual errors was within its permissible scope, ultimately denying the Revenue's request and dismissing the Writ Petition without costs. Case-Laws Income Tax Thu, 31 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=250402