https://www.taxtmi.com/caselaws?id=430544 The Tribunal dismissed the assessee's Miscellaneous Application seeking to recall its order dated 10.03.2017, under Section 254(2) of the Income Tax Act, 1961. The Tribunal held that there was no mistake apparent on the record and clarified that its powers under Section 254(2) are limited to rectifying such mistakes, not re-evaluating the case's merits. The application was dismissed, emphasizing that if an order is erroneous on merits, the appropriate recourse is to appeal to the High Court, not seek a review under Section 254(2). en-us Wed, 12 Oct 2022 00:00:00 +0530 Tue, 18 Apr 2023 11:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=430544 The Tribunal dismissed the assessee's Miscellaneous Application seeking to recall its order dated 10.03.2017, under Section 254(2) of the Income Tax Act, 1961. The Tribunal held that there was no mistake apparent on the record and clarified that its powers under Section 254(2) are limited to rectifying such mistakes, not re-evaluating the case's merits. The application was dismissed, emphasizing that if an order is erroneous on merits, the appropriate recourse is to appeal to the High Court, not seek a review under Section 254(2). Case-Laws Income Tax Wed, 12 Oct 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=430544