https://www.taxtmi.com/caselaws?id=404411 The Tribunal dismissed the Miscellaneous Application (M.A.) filed by the Revenue as non-maintainable due to being filed beyond the prescribed time limit of six months under section 254(2) of the Income Tax Act. The Tribunal emphasized that the delay in filing the M.A. could not be condoned beyond the statutory period, citing previous cases to support this stance. The judgment highlighted the importance of rectification applications to correct errors but ultimately upheld the dismissal of the M.A. in line with judicial decisions and statutory limitations, with no order as to costs. en-us Mon, 22 Feb 2021 00:00:00 +0530 Tue, 23 Feb 2021 09:21:51 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404411 The Tribunal dismissed the Miscellaneous Application (M.A.) filed by the Revenue as non-maintainable due to being filed beyond the prescribed time limit of six months under section 254(2) of the Income Tax Act. The Tribunal emphasized that the delay in filing the M.A. could not be condoned beyond the statutory period, citing previous cases to support this stance. The judgment highlighted the importance of rectification applications to correct errors but ultimately upheld the dismissal of the M.A. in line with judicial decisions and statutory limitations, with no order as to costs. Case-Laws Income Tax Mon, 22 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404411