https://www.taxtmi.com/caselaws?id=7717 Rectification for a mistake apparent from the record cannot be used to cancel an earlier refund-interest order made under the repealed Income-tax Act where the saving provision preserves the old Act's application and no revisional jurisdiction exists over that order. High Court concluded that section 154 of the Income-tax Act, 1961 did not authorise cancellation, as the earlier grant was not a grave or palpable error. Refund-cancellation orders issued by the Income-tax Officer solely to implement that invalid cancellation also failed. The writ petition was maintainable because recovery action had commenced. The cancellation and connected refund orders were quashed, preserving the earlier interest benefit. en-us Tue, 04 Nov 1969 00:00:00 +0530 Wed, 18 Mar 2009 09:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=7717 Rectification for a mistake apparent from the record cannot be used to cancel an earlier refund-interest order made under the repealed Income-tax Act where the saving provision preserves the old Act's application and no revisional jurisdiction exists over that order. High Court concluded that section 154 of the Income-tax Act, 1961 did not authorise cancellation, as the earlier grant was not a grave or palpable error. Refund-cancellation orders issued by the Income-tax Officer solely to implement that invalid cancellation also failed. The writ petition was maintainable because recovery action had commenced. The cancellation and connected refund orders were quashed, preserving the earlier interest benefit. Case-Laws Income Tax Tue, 04 Nov 1969 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=7717