https://www.taxtmi.com/caselaws?id=11786 HC held that the Tribunal possesses power under section 254(2) to rectify mistakes apparent from the record, either on its own motion or on a party's application, and such rectification is not to be equated with a review if the miscellaneous application is posted for hearing. Once posted, the Bench has prima facie treated the application as one under section 254(2) requiring hearing of both parties. Rectification aims to correct errors without disturbing finality, may follow a subsequent HC decision deemed a mistake apparent from the record, and may be exercised even where the mistake arises from the Tribunal or a party. en-us Mon, 31 Mar 2003 00:00:00 +0530 Sat, 27 Sep 2025 13:50:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=11786 HC held that the Tribunal possesses power under section 254(2) to rectify mistakes apparent from the record, either on its own motion or on a party's application, and such rectification is not to be equated with a review if the miscellaneous application is posted for hearing. Once posted, the Bench has prima facie treated the application as one under section 254(2) requiring hearing of both parties. Rectification aims to correct errors without disturbing finality, may follow a subsequent HC decision deemed a mistake apparent from the record, and may be exercised even where the mistake arises from the Tribunal or a party. Case-Laws Income Tax Mon, 31 Mar 2003 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=11786