https://www.taxtmi.com/caselaws?id=19993 The court held that the Tribunal exceeded its jurisdiction in recalling the order under section 254(2) of the Income-tax Act, as it amounted to a review rather than rectification. The court emphasized that rectification should not involve rewriting previous orders based on differing opinions. The judgment allowed the writ petition, stating the Tribunal had no jurisdiction to pass the order and clarified the assessee's option to pursue the statutory remedy of reference under section 256 of the Income-tax Act. en-us Sat, 17 Apr 1993 00:00:00 +0530 Wed, 11 Nov 2009 10:44:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=19993 The court held that the Tribunal exceeded its jurisdiction in recalling the order under section 254(2) of the Income-tax Act, as it amounted to a review rather than rectification. The court emphasized that rectification should not involve rewriting previous orders based on differing opinions. The judgment allowed the writ petition, stating the Tribunal had no jurisdiction to pass the order and clarified the assessee's option to pursue the statutory remedy of reference under section 256 of the Income-tax Act. Case-Laws Income Tax Sat, 17 Apr 1993 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=19993