https://www.taxtmi.com/caselaws?id=378570 The Tribunal dismissed the Applicant's request to recall the order, emphasizing that no mistake was apparent in the penalty imposition based on inaccurate particulars of income. The Tribunal clarified that the penalty was not for concealment of income, as argued by the Applicant. Despite referencing legal decisions, the Tribunal found no grounds for review, highlighting that decisions on debatable legal points do not constitute clear errors. The Tribunal concluded that the Miscellaneous Application lacked merit and reiterated its limited authority to review orders without statutory permission. en-us Tue, 23 Oct 2018 00:00:00 +0530 Wed, 17 Apr 2019 17:01:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=378570 The Tribunal dismissed the Applicant's request to recall the order, emphasizing that no mistake was apparent in the penalty imposition based on inaccurate particulars of income. The Tribunal clarified that the penalty was not for concealment of income, as argued by the Applicant. Despite referencing legal decisions, the Tribunal found no grounds for review, highlighting that decisions on debatable legal points do not constitute clear errors. The Tribunal concluded that the Miscellaneous Application lacked merit and reiterated its limited authority to review orders without statutory permission. Case-Laws Income Tax Tue, 23 Oct 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=378570