https://www.taxtmi.com/caselaws?id=272042 The Tribunal dismissed the assessee's Miscellaneous Petition seeking rectification of a mistake in the order confirming the penalty under sec.271(1)(c) of the IT Act, 1961. The Tribunal held that rectification is only applicable for clear and manifest mistakes that do not require extensive examination. As the issue regarding the show cause notice was not raised during the appeal, the Tribunal emphasized that grounds not raised during the appeal cannot be considered for rectification under sec.254(2) of the IT Act, 1961. en-us Wed, 20 Jan 2016 00:00:00 +0530 Thu, 25 Feb 2016 08:51:38 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=272042 The Tribunal dismissed the assessee's Miscellaneous Petition seeking rectification of a mistake in the order confirming the penalty under sec.271(1)(c) of the IT Act, 1961. The Tribunal held that rectification is only applicable for clear and manifest mistakes that do not require extensive examination. As the issue regarding the show cause notice was not raised during the appeal, the Tribunal emphasized that grounds not raised during the appeal cannot be considered for rectification under sec.254(2) of the IT Act, 1961. Case-Laws Income Tax Wed, 20 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=272042