https://www.taxtmi.com/caselaws?id=33171 The Court upheld the Tribunal's decision, emphasizing that the Tribunal had no powers of review and rectification as there was no error apparent on record. The judgment clarified that rectification is only allowed in the presence of such an error and highlighted the importance of adhering to established legal principles in tax matters. As a result, the Appeal was dismissed due to the absence of a substantial question of law. en-us Wed, 18 Feb 2009 00:00:00 +0530 Sat, 25 Apr 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=33171 The Court upheld the Tribunal's decision, emphasizing that the Tribunal had no powers of review and rectification as there was no error apparent on record. The judgment clarified that rectification is only allowed in the presence of such an error and highlighted the importance of adhering to established legal principles in tax matters. As a result, the Appeal was dismissed due to the absence of a substantial question of law. Case-Laws Income Tax Wed, 18 Feb 2009 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=33171