https://www.taxtmi.com/caselaws?id=401223 The Tribunal's decision to recall the order dated 25-05-2012 was upheld as it was found that there was a mistake apparent on the face of the record. The Tribunal's invocation of its powers under Section 254(2) of the Income Tax Act, 1961 to rectify the error was deemed justified. Consequently, the appeal for the Assessment Year 2007-08 was dismissed in favor of the assessee, with the substantial questions of law being answered against the revenue. en-us Thu, 12 Nov 2020 00:00:00 +0530 Tue, 01 Dec 2020 15:31:22 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=401223 The Tribunal's decision to recall the order dated 25-05-2012 was upheld as it was found that there was a mistake apparent on the face of the record. The Tribunal's invocation of its powers under Section 254(2) of the Income Tax Act, 1961 to rectify the error was deemed justified. Consequently, the appeal for the Assessment Year 2007-08 was dismissed in favor of the assessee, with the substantial questions of law being answered against the revenue. Case-Laws Income Tax Thu, 12 Nov 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=401223