https://www.taxtmi.com/highlights?id=74263 Rectification u/s 254 allowed by ITAT - The adverse judgment relating to the said issues will be contested on merits notwithstanding that the tax effect entailed is less than the monetary limits specified in para 3 above or there is no tax effect. The assessment order passed by the Assessing Authority clearly provides that the undisclosed income belonging to the assessee is as per the investigation of C.B.I. thus, the learned Tribunal has not committed any illegality or irregularity in allowing the Miscellaneous Application filed by the Revenue. - HC en-us Thu, 18 Jan 2024 09:00:12 +0530 Thu, 18 Jan 2024 09:00:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=74263 Rectification u/s 254 allowed by ITAT - The adverse judgment relating to the said issues will be contested on merits notwithstanding that the tax effect entailed is less than the monetary limits specified in para 3 above or there is no tax effect. The assessment order passed by the Assessing Authority clearly provides that the undisclosed income belonging to the assessee is as per the investigation of C.B.I. thus, the learned Tribunal has not committed any illegality or irregularity in allowing the Miscellaneous Application filed by the Revenue. - HC Highlights Income Tax Thu, 18 Jan 2024 09:00:12 +0530 https://www.taxtmi.com/highlights?id=74263