https://www.taxtmi.com/caselaws?id=380695 The Tribunal dismissed a Miscellaneous Application seeking rectification of an order to exclude shares held as stock in trade for calculating disallowance under Section 14A r.w. Rule 8D of the Act. The Tribunal held that the issue had already been adjudicated on merits and that rectification to introduce new arguments is impermissible. The decision highlights the restrictions on using rectification to re-argue a case and emphasizes the finality of judicial decisions within the legal framework. en-us Fri, 24 May 2019 00:00:00 +0530 Mon, 27 May 2019 07:22:41 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=380695 The Tribunal dismissed a Miscellaneous Application seeking rectification of an order to exclude shares held as stock in trade for calculating disallowance under Section 14A r.w. Rule 8D of the Act. The Tribunal held that the issue had already been adjudicated on merits and that rectification to introduce new arguments is impermissible. The decision highlights the restrictions on using rectification to re-argue a case and emphasizes the finality of judicial decisions within the legal framework. Case-Laws Income Tax Fri, 24 May 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=380695