https://www.taxtmi.com/caselaws?id=346064 The High Court ruled in favor of the Department, dismissing the appeal and writ petition challenging the Income-tax Appellate Tribunal's refusal to rectify its order in favor of the original assessee. The Court held that the appellant lacked the necessary locus standi to move the application under section 254(2) of the Income-tax Act and emphasized the importance of consistency in legal proceedings. The judgment underscored the significance of adhering to precedent and ensuring the fair application of the law in tax matters. en-us Tue, 10 Jan 2017 00:00:00 +0530 Thu, 03 Aug 2017 14:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=346064 The High Court ruled in favor of the Department, dismissing the appeal and writ petition challenging the Income-tax Appellate Tribunal's refusal to rectify its order in favor of the original assessee. The Court held that the appellant lacked the necessary locus standi to move the application under section 254(2) of the Income-tax Act and emphasized the importance of consistency in legal proceedings. The judgment underscored the significance of adhering to precedent and ensuring the fair application of the law in tax matters. Case-Laws Income Tax Tue, 10 Jan 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=346064