https://www.taxtmi.com/article/detailed?id=7597 The amended Section 254(2) limits the Tribunal's power to amend its orders suo motu to a short statutory period from the end of the month in which the order was passed, while it shall make amendments when a mistake apparent from the record is brought to its notice by the assessee or the Assessing Officer. The author argues this limitation applies only to suo motu rectification and that rectification on application by a party must be disposed of on merit and is not subject to the same time constraint. en-us Tue, 05 Sep 2017 08:16:48 +0530 Tue, 05 Sep 2017 08:16:48 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=7597 The amended Section 254(2) limits the Tribunal's power to amend its orders suo motu to a short statutory period from the end of the month in which the order was passed, while it shall make amendments when a mistake apparent from the record is brought to its notice by the assessee or the Assessing Officer. The author argues this limitation applies only to suo motu rectification and that rectification on application by a party must be disposed of on merit and is not subject to the same time constraint. Articles Income Tax Tue, 05 Sep 2017 08:16:48 +0530 https://www.taxtmi.com/article/detailed?id=7597