https://www.taxtmi.com/caselaws?id=189658 The High Court held that the Tribunal exceeded its jurisdiction by recalling the earlier order under section 254(2) of the Income Tax Act, emphasizing the limits of the power to rectify versus review. The Court ruled in favor of the revenue, declaring the order recalling the decision impermissible. The revenue's appeal against the Tribunal's order was allowed, leading to the subsequent appeal becoming infructuous. The assessed party was granted liberty to revive an earlier appeal challenging the original Tribunal order. en-us Tue, 16 Nov 2004 00:00:00 +0530 Mon, 16 Jan 2017 16:56:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=189658 The High Court held that the Tribunal exceeded its jurisdiction by recalling the earlier order under section 254(2) of the Income Tax Act, emphasizing the limits of the power to rectify versus review. The Court ruled in favor of the revenue, declaring the order recalling the decision impermissible. The revenue's appeal against the Tribunal's order was allowed, leading to the subsequent appeal becoming infructuous. The assessed party was granted liberty to revive an earlier appeal challenging the original Tribunal order. Case-Laws Income Tax Tue, 16 Nov 2004 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=189658