https://www.taxtmi.com/article/detailed?id=8156 The core operative issue is whether pendency of a rectification petition justifies extension of limitation for filing an appeal; the High Court found pendency alone an inadequate justification for substantial delay, and the Supreme Court dismissed the assessee's special leave petition. The note argues that rectification proceedings can provide an effective, expeditious alternative to appeals, that time spent pursuing bona fide rectification should be treated as extending appeal limitation, and that tribunals should more readily correct mistakes apparent on the record to reduce litigation. en-us Wed, 12 Sep 2018 09:11:36 +0530 Wed, 12 Sep 2018 09:11:36 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=8156 The core operative issue is whether pendency of a rectification petition justifies extension of limitation for filing an appeal; the High Court found pendency alone an inadequate justification for substantial delay, and the Supreme Court dismissed the assessee's special leave petition. The note argues that rectification proceedings can provide an effective, expeditious alternative to appeals, that time spent pursuing bona fide rectification should be treated as extending appeal limitation, and that tribunals should more readily correct mistakes apparent on the record to reduce litigation. Articles Income Tax Wed, 12 Sep 2018 09:11:36 +0530 https://www.taxtmi.com/article/detailed?id=8156