https://www.taxtmi.com/caselaws?id=399735 The Tribunal dismissed the Revenue's Miscellaneous Application as time-barred, emphasizing adherence to the six-month time limit under Section 254(2) of the Income-tax Act for rectification of mistakes in its orders. The decision underscored the Tribunal's lack of authority to extend statutory time limits, as per precedent set by the Hon'ble Bombay High Court, resulting in the application's dismissal. en-us Fri, 09 Oct 2020 00:00:00 +0530 Sat, 17 Oct 2020 13:26:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=399735 The Tribunal dismissed the Revenue's Miscellaneous Application as time-barred, emphasizing adherence to the six-month time limit under Section 254(2) of the Income-tax Act for rectification of mistakes in its orders. The decision underscored the Tribunal's lack of authority to extend statutory time limits, as per precedent set by the Hon'ble Bombay High Court, resulting in the application's dismissal. Case-Laws Income Tax Fri, 09 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=399735