https://www.taxtmi.com/caselaws?id=4080 The Court held that the Tribunal erred in allowing a miscellaneous petition filed by the Revenue beyond the four-year limitation period as prescribed under section 254(2) of the Income-tax Act. As the petition was filed after the stipulated period, the Court ruled in favor of the assessee, dismissing the order passed in the miscellaneous petition and upholding the original order of the Tribunal. The decision emphasized the significance of adhering to statutory limitations and procedural requirements in such cases. en-us Tue, 04 Dec 2007 00:00:00 +0530 Sat, 26 Jul 2008 18:09:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=4080 The Court held that the Tribunal erred in allowing a miscellaneous petition filed by the Revenue beyond the four-year limitation period as prescribed under section 254(2) of the Income-tax Act. As the petition was filed after the stipulated period, the Court ruled in favor of the assessee, dismissing the order passed in the miscellaneous petition and upholding the original order of the Tribunal. The decision emphasized the significance of adhering to statutory limitations and procedural requirements in such cases. Case-Laws Income Tax Tue, 04 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=4080