https://www.taxtmi.com/caselaws?id=32006 The appeal under Section 260-A of the Income Tax Act against the ITAT Lucknow's order dismissing the appellant's appeal on additional tax demand was dismissed. The court reinstated the additional tax demand due to a retrospective amendment nullifying a previous judgment exempting additional tax on assessed losses. The court clarified that rectification can be made despite the previous order being given effect to, emphasizing rectification for orders with legal errors. The judgment highlighted the impact of retrospective amendments on the appellant's case, ultimately leading to the dismissal of the appeal for not raising any substantial question of law. en-us Thu, 17 Jan 2008 00:00:00 +0530 Tue, 06 Jan 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32006 The appeal under Section 260-A of the Income Tax Act against the ITAT Lucknow's order dismissing the appellant's appeal on additional tax demand was dismissed. The court reinstated the additional tax demand due to a retrospective amendment nullifying a previous judgment exempting additional tax on assessed losses. The court clarified that rectification can be made despite the previous order being given effect to, emphasizing rectification for orders with legal errors. The judgment highlighted the impact of retrospective amendments on the appellant's case, ultimately leading to the dismissal of the appeal for not raising any substantial question of law. Case-Laws Income Tax Thu, 17 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32006