https://www.taxtmi.com/caselaws?id=401195 The Court dismissed the Revenue's appeal, affirming the Tribunal's power to review its order under Section 254(2) and uphold the deletion of additions under Section 68 of the Income Tax Act. The Tribunal's rectification was found to be justified as it was based on material already on record but initially overlooked. The questions of law framed were answered against the Revenue and in favor of the Assessee. en-us Wed, 18 Nov 2020 00:00:00 +0530 Mon, 30 Nov 2020 11:23:33 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401195 The Court dismissed the Revenue's appeal, affirming the Tribunal's power to review its order under Section 254(2) and uphold the deletion of additions under Section 68 of the Income Tax Act. The Tribunal's rectification was found to be justified as it was based on material already on record but initially overlooked. The questions of law framed were answered against the Revenue and in favor of the Assessee. Case-Laws Income Tax Wed, 18 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401195