https://www.taxtmi.com/caselaws?id=187447 The Appellate Tribunal ITAT Mumbai dismissed the appeals of the assessee seeking recall of the Tribunal's ex parte order dated 3.2.2003, as the applications for rectification were filed after the four-year period specified under section 254(2). The Tribunal held that rectification must be done within the prescribed time limit, citing legal precedents and emphasizing the need to adhere to the statutory timeframe. The Tribunal referred to relevant case law and decisions to support its position that remedial action must be taken within four years from the date of the order, ultimately dismissing the applications as barred by limitation. en-us Thu, 25 Mar 2010 00:00:00 +0530 Fri, 21 Oct 2016 18:56:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=187447 The Appellate Tribunal ITAT Mumbai dismissed the appeals of the assessee seeking recall of the Tribunal's ex parte order dated 3.2.2003, as the applications for rectification were filed after the four-year period specified under section 254(2). The Tribunal held that rectification must be done within the prescribed time limit, citing legal precedents and emphasizing the need to adhere to the statutory timeframe. The Tribunal referred to relevant case law and decisions to support its position that remedial action must be taken within four years from the date of the order, ultimately dismissing the applications as barred by limitation. Case-Laws Income Tax Thu, 25 Mar 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=187447