https://www.taxtmi.com/caselaws?id=169148 The Tribunal dismissed the Assessee's Miscellaneous Application seeking a recall of the order dated 15.01.2014, which had imposed a penalty under section 271(1)(c). The Tribunal found that the decision cited by the Assessee was not presented during the original appeal, lacked binding authority, and could not be the basis for invoking provisions of the Income Tax Act. It concluded that the alleged mistakes in the order were not apparent for rectification under section 254(2), emphasizing the limited scope of rectifying mistakes and that the application aimed to revise or review the order, exceeding the provision's scope. en-us Fri, 25 Jul 2014 00:00:00 +0530 Mon, 06 Apr 2015 22:01:15 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=169148 The Tribunal dismissed the Assessee's Miscellaneous Application seeking a recall of the order dated 15.01.2014, which had imposed a penalty under section 271(1)(c). The Tribunal found that the decision cited by the Assessee was not presented during the original appeal, lacked binding authority, and could not be the basis for invoking provisions of the Income Tax Act. It concluded that the alleged mistakes in the order were not apparent for rectification under section 254(2), emphasizing the limited scope of rectifying mistakes and that the application aimed to revise or review the order, exceeding the provision's scope. Case-Laws Income Tax Fri, 25 Jul 2014 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=169148