https://www.taxtmi.com/caselaws?id=369864 The Tribunal dismissed the Revenue's Miscellaneous Application, affirming the documented sale value of Rs. 18,30,000 for calculating long-term capital gains. It held that the Tribunal lacks the power to review its own orders under section 254(2) unless there are manifest errors. The Tribunal found no apparent error in its previous order and emphasized that rectification is limited to correcting mistakes, not reviewing decisions. en-us Wed, 31 Oct 2018 00:00:00 +0530 Sat, 03 Nov 2018 13:36:31 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=369864 The Tribunal dismissed the Revenue's Miscellaneous Application, affirming the documented sale value of Rs. 18,30,000 for calculating long-term capital gains. It held that the Tribunal lacks the power to review its own orders under section 254(2) unless there are manifest errors. The Tribunal found no apparent error in its previous order and emphasized that rectification is limited to correcting mistakes, not reviewing decisions. Case-Laws Income Tax Wed, 31 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=369864