https://www.taxtmi.com/caselaws?id=310892 ITAT Cuttack dismissed revenue's rectification application under section 154 seeking recall of tribunal order that dismissed appeal based on monetary limits regarding bogus LTCG/STCL claims through penny stock transactions. Revenue argued CBDT circulars dated 6.9.2019 and 16.9.2019 were not considered, but tribunal found these circulars were issued before the original order dated 26.9.2019, indicating they were available for consideration. Since no mistake apparent on record existed, the miscellaneous application was dismissed. en-us Wed, 30 Mar 2022 00:00:00 +0530 Thu, 23 Nov 2023 19:53:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=310892 ITAT Cuttack dismissed revenue's rectification application under section 154 seeking recall of tribunal order that dismissed appeal based on monetary limits regarding bogus LTCG/STCL claims through penny stock transactions. Revenue argued CBDT circulars dated 6.9.2019 and 16.9.2019 were not considered, but tribunal found these circulars were issued before the original order dated 26.9.2019, indicating they were available for consideration. Since no mistake apparent on record existed, the miscellaneous application was dismissed. Case-Laws Income Tax Wed, 30 Mar 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=310892