https://www.taxtmi.com/caselaws?id=400078 The Tribunal dismissed the Miscellaneous Applications, ruling that Circular No. 17 of 2019 did not apply retrospectively to the pending appeal as of the hearing date. It held that no apparent mistake existed in the original order and emphasized its lack of power to review decisions under section 254(2). The Tribunal remanded the matter of additional depreciation claims and penalty proceedings to the Assessing Officer for a de novo order, directing the assessee to provide relevant documents. en-us Mon, 26 Oct 2020 00:00:00 +0530 Tue, 27 Oct 2020 12:41:28 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=400078 The Tribunal dismissed the Miscellaneous Applications, ruling that Circular No. 17 of 2019 did not apply retrospectively to the pending appeal as of the hearing date. It held that no apparent mistake existed in the original order and emphasized its lack of power to review decisions under section 254(2). The Tribunal remanded the matter of additional depreciation claims and penalty proceedings to the Assessing Officer for a de novo order, directing the assessee to provide relevant documents. Case-Laws Income Tax Mon, 26 Oct 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=400078