https://www.taxtmi.com/caselaws?id=347436 The High Court dismissed both petitions challenging the Tribunal's decision. It upheld the rejection of the rectification application by the Income Tax department, emphasizing the limited scope of rectification powers under section 254 of the Income Tax Act. The Court found no apparent error in the Tribunal's original judgment and highlighted the delay in filing the rectification application as a key factor in its dismissal. en-us Tue, 29 Aug 2017 00:00:00 +0530 Mon, 04 Sep 2017 17:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=347436 The High Court dismissed both petitions challenging the Tribunal's decision. It upheld the rejection of the rectification application by the Income Tax department, emphasizing the limited scope of rectification powers under section 254 of the Income Tax Act. The Court found no apparent error in the Tribunal's original judgment and highlighted the delay in filing the rectification application as a key factor in its dismissal. Case-Laws Income Tax Tue, 29 Aug 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=347436