https://www.taxtmi.com/caselaws?id=19896 The Court dismissed the writ petitions due to the Commissioner of Income-tax's significant delay in challenging the Tribunal's orders, emphasizing lack of justification for inaction. The Court ruled that there is no provision for rectification under section 256 and inherent powers cannot be used to recall orders under section 256(1). The dismissal was based on serious laches and failure to act promptly after prior rejections, ultimately leading to rejection of the petitions. en-us Fri, 27 May 1994 00:00:00 +0530 Tue, 10 Nov 2009 14:03:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19896 The Court dismissed the writ petitions due to the Commissioner of Income-tax's significant delay in challenging the Tribunal's orders, emphasizing lack of justification for inaction. The Court ruled that there is no provision for rectification under section 256 and inherent powers cannot be used to recall orders under section 256(1). The dismissal was based on serious laches and failure to act promptly after prior rejections, ultimately leading to rejection of the petitions. Case-Laws Income Tax Fri, 27 May 1994 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19896