https://www.taxtmi.com/caselaws?id=385577 The tribunal dismissed the Miscellaneous Applications seeking rectification of mistakes apparent from the records, emphasizing its limited power under Section 254(2) and rejecting the request for a review of the original order. The tribunal upheld the original order, dismissing the appeals for AY 2008-09 and 2009-10, and clarified that the assessee's attempt to split hairs and selectively highlight portions of the order was not valid. The tribunal aimed to prevent double jeopardy for the assessee by directing the AO to eliminate the disallowance of the opening balance of creditors, ensuring fairness in the assessment process. en-us Wed, 04 Sep 2019 00:00:00 +0530 Mon, 09 Sep 2019 08:12:57 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=385577 The tribunal dismissed the Miscellaneous Applications seeking rectification of mistakes apparent from the records, emphasizing its limited power under Section 254(2) and rejecting the request for a review of the original order. The tribunal upheld the original order, dismissing the appeals for AY 2008-09 and 2009-10, and clarified that the assessee's attempt to split hairs and selectively highlight portions of the order was not valid. The tribunal aimed to prevent double jeopardy for the assessee by directing the AO to eliminate the disallowance of the opening balance of creditors, ensuring fairness in the assessment process. Case-Laws Income Tax Wed, 04 Sep 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=385577