https://www.taxtmi.com/caselaws?id=374166 The Tribunal dismissed the assessee's Miscellaneous Application seeking rectification of a mistake in its order, stating that its jurisdiction is limited to rectifying apparent mistakes, not reviewing or revising orders on merit. The Tribunal found no merit in the application, as the impugned order was deemed an error of decision rather than a mistake apparent on record for review under section 254(2) of the IT Act. The Tribunal's decision was based on a thorough analysis of facts and evidence, setting aside the issues to the AO for proper verification and applying the same rate only to specific transactions based on impounded material. en-us Mon, 21 Jan 2019 00:00:00 +0530 Mon, 28 Jan 2019 07:47:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374166 The Tribunal dismissed the assessee's Miscellaneous Application seeking rectification of a mistake in its order, stating that its jurisdiction is limited to rectifying apparent mistakes, not reviewing or revising orders on merit. The Tribunal found no merit in the application, as the impugned order was deemed an error of decision rather than a mistake apparent on record for review under section 254(2) of the IT Act. The Tribunal's decision was based on a thorough analysis of facts and evidence, setting aside the issues to the AO for proper verification and applying the same rate only to specific transactions based on impounded material. Case-Laws Income Tax Mon, 21 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374166