https://www.taxtmi.com/caselaws?id=402193 Review jurisdiction under Order 47 Rule 1 CPC is limited to discovery of new and important matter, an error apparent on the face of the record, or other sufficient reason analogous to those grounds. The court found that the review grounds repeated arguments already considered in the appeal, including the assessee's claim of bona fide disclosure and the challenge to penalty under Section 271(1)(c) of the Income-tax Act, 1961. As no new material, apparent error, or comparable sufficient reason was shown, the prerequisites for review were not met and the review application was rejected as not maintainable. en-us Wed, 16 Dec 2020 00:00:00 +0530 Fri, 25 Dec 2020 17:29:07 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=402193 Review jurisdiction under Order 47 Rule 1 CPC is limited to discovery of new and important matter, an error apparent on the face of the record, or other sufficient reason analogous to those grounds. The court found that the review grounds repeated arguments already considered in the appeal, including the assessee's claim of bona fide disclosure and the challenge to penalty under Section 271(1)(c) of the Income-tax Act, 1961. As no new material, apparent error, or comparable sufficient reason was shown, the prerequisites for review were not met and the review application was rejected as not maintainable. Case-Laws Income Tax Wed, 16 Dec 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=402193