https://www.taxtmi.com/caselaws?id=256682 The Tribunal dismissed two rectification applications by the assessee seeking to amend a previous order based on an arbitration award. The Tribunal found no apparent mistake in the order and emphasized that dissatisfaction should be addressed through an appeal. Costs of Rs. 10,000 each were imposed on the assessee for filing frivolous applications, emphasizing adherence to legal procedures and discouraging re-contesting matters through such applications. The judgment underscores the importance of presenting relevant evidence, upholding Tribunal decisions, and the limited scope for rectification under the law. en-us Fri, 06 Feb 2015 00:00:00 +0530 Tue, 17 Feb 2015 17:15:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=256682 The Tribunal dismissed two rectification applications by the assessee seeking to amend a previous order based on an arbitration award. The Tribunal found no apparent mistake in the order and emphasized that dissatisfaction should be addressed through an appeal. Costs of Rs. 10,000 each were imposed on the assessee for filing frivolous applications, emphasizing adherence to legal procedures and discouraging re-contesting matters through such applications. The judgment underscores the importance of presenting relevant evidence, upholding Tribunal decisions, and the limited scope for rectification under the law. Case-Laws Income Tax Fri, 06 Feb 2015 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=256682