https://www.taxtmi.com/caselaws?id=376146 The High Court quashed the ITAT's order, holding that the rectification application was barred by the principle of finality and the doctrine of merger. The Court criticized the ITAT's misappreciation of its jurisdiction and strongly discouraged the invocation of rectification powers. The writ petition was allowed, and the assessee was directed to bear the costs of the proceedings amounting to Rs. 1.5 lakhs. en-us Mon, 25 Feb 2019 00:00:00 +0530 Sat, 02 Mar 2019 17:56:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376146 The High Court quashed the ITAT's order, holding that the rectification application was barred by the principle of finality and the doctrine of merger. The Court criticized the ITAT's misappreciation of its jurisdiction and strongly discouraged the invocation of rectification powers. The writ petition was allowed, and the assessee was directed to bear the costs of the proceedings amounting to Rs. 1.5 lakhs. Case-Laws Income Tax Mon, 25 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376146