https://www.taxtmi.com/caselaws?id=424407 The court directed the Respondent to decide the petitioner's six rectification applications under Section 154 of the Income Tax Act, 1961 within eight weeks, with a total tax effect exceeding Rs.3 crores. Additionally, the court instructed the Respondent to pass appeal effect orders for specific Assessment Years within the same timeframe, emphasizing the importance of prompt resolution to avoid financial strain on the petitioner. The court's decision did not address the merits of the underlying issues, leaving the rights and contentions of all parties open for future consideration. en-us Wed, 25 May 2022 00:00:00 +0530 Tue, 28 Jun 2022 17:07:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424407 The court directed the Respondent to decide the petitioner's six rectification applications under Section 154 of the Income Tax Act, 1961 within eight weeks, with a total tax effect exceeding Rs.3 crores. Additionally, the court instructed the Respondent to pass appeal effect orders for specific Assessment Years within the same timeframe, emphasizing the importance of prompt resolution to avoid financial strain on the petitioner. The court's decision did not address the merits of the underlying issues, leaving the rights and contentions of all parties open for future consideration. Case-Laws Income Tax Wed, 25 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424407