https://www.taxtmi.com/caselaws?id=404504 The Tribunal dismissed the Miscellaneous Application (MA) filed by the Revenue seeking the recall of its order, emphasizing the importance of adhering to the prescribed time limits for filing under Section 254(2) of the Income Tax Act. Citing precedent, the Tribunal clarified that it lacks the power to condone delays beyond the statutory period of six months. Additionally, it highlighted that orders passed in breach of Tribunal Rules are irregular but remain effective until set aside by a competent authority. The decision underscored the necessity of setting aside void orders within the limitation period. en-us Mon, 15 Feb 2021 00:00:00 +0530 Wed, 24 Feb 2021 20:27:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=404504 The Tribunal dismissed the Miscellaneous Application (MA) filed by the Revenue seeking the recall of its order, emphasizing the importance of adhering to the prescribed time limits for filing under Section 254(2) of the Income Tax Act. Citing precedent, the Tribunal clarified that it lacks the power to condone delays beyond the statutory period of six months. Additionally, it highlighted that orders passed in breach of Tribunal Rules are irregular but remain effective until set aside by a competent authority. The decision underscored the necessity of setting aside void orders within the limitation period. Case-Laws Income Tax Mon, 15 Feb 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=404504