https://www.taxtmi.com/caselaws?id=457868 ITAT Kolkata dismissed the rectification application under section 254 of the Income Tax Act. The Tribunal held that issues raised by the assessee's counsel did not constitute a mistake apparent on record. The Tribunal emphasized its limited jurisdiction under section 254 to rectify only obvious and patent mistakes apparent from the record, not mistakes requiring arguments or reasoning. The order cannot be challenged on merits through rectification applications, which have no power of review over Tribunal orders. en-us Mon, 02 Jan 2023 00:00:00 +0530 Sun, 29 Sep 2024 16:20:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457868 ITAT Kolkata dismissed the rectification application under section 254 of the Income Tax Act. The Tribunal held that issues raised by the assessee's counsel did not constitute a mistake apparent on record. The Tribunal emphasized its limited jurisdiction under section 254 to rectify only obvious and patent mistakes apparent from the record, not mistakes requiring arguments or reasoning. The order cannot be challenged on merits through rectification applications, which have no power of review over Tribunal orders. Case-Laws Income Tax Mon, 02 Jan 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457868