https://www.taxtmi.com/caselaws?id=16597 The Income-tax Appellate Tribunal recalled its order and restored the appeal for fresh disposal due to a mistaken assumption regarding relief under section 154 of the Income-tax Act, 1961. The Tribunal had jurisdiction to rectify the mistake as the assumption was incorrect and apparent from the record. The decision to recall the order and dispose of the ground afresh after hearing the parties was deemed appropriate and in accordance with the law. The court ruled in favor of the assessee-respondent against the Revenue. en-us Wed, 19 Nov 1997 00:00:00 +0530 Tue, 08 Sep 2009 17:05:05 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=16597 The Income-tax Appellate Tribunal recalled its order and restored the appeal for fresh disposal due to a mistaken assumption regarding relief under section 154 of the Income-tax Act, 1961. The Tribunal had jurisdiction to rectify the mistake as the assumption was incorrect and apparent from the record. The decision to recall the order and dispose of the ground afresh after hearing the parties was deemed appropriate and in accordance with the law. The court ruled in favor of the assessee-respondent against the Revenue. Case-Laws Income Tax Wed, 19 Nov 1997 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=16597