https://www.taxtmi.com/caselaws?id=395373 The Tribunal dismissed the Revenue's Miscellaneous Application due to it being time-barred under Sec. 254(2) of the Income Tax Act, 1961. The Tribunal found no errors in its decision and emphasized the importance of adhering to statutory timelines. Additionally, the Circular withdrawing benefits for Regional Rural Banks was deemed inapplicable to the Cooperative Society involved. The Tribunal reiterated that seeking judicial review without substantial grounds for rectification was impermissible, leading to the final dismissal of the application. en-us Mon, 11 May 2020 00:00:00 +0530 Tue, 19 May 2020 10:47:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=395373 The Tribunal dismissed the Revenue's Miscellaneous Application due to it being time-barred under Sec. 254(2) of the Income Tax Act, 1961. The Tribunal found no errors in its decision and emphasized the importance of adhering to statutory timelines. Additionally, the Circular withdrawing benefits for Regional Rural Banks was deemed inapplicable to the Cooperative Society involved. The Tribunal reiterated that seeking judicial review without substantial grounds for rectification was impermissible, leading to the final dismissal of the application. Case-Laws Income Tax Mon, 11 May 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=395373