https://www.taxtmi.com/caselaws?id=766578 A Miscellaneous Application under section 254(2) seeking recall of an earlier ITAT order was held to be outside the narrow rectification power because it did not disclose any mistake apparent from the record. The application in substance attempted to reopen the merits, including the character of the land and the effect of its sale, whereas the earlier order had only remitted the distance-from-municipal-limits issue for verification with reference to the applicable CBDT circular. Section 254(2) permits correction of obvious mistakes only, not review or re-adjudication, so the application was rejected. en-us Wed, 08 Jan 2025 00:00:00 +0530 Fri, 28 Feb 2025 08:23:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=766578 A Miscellaneous Application under section 254(2) seeking recall of an earlier ITAT order was held to be outside the narrow rectification power because it did not disclose any mistake apparent from the record. The application in substance attempted to reopen the merits, including the character of the land and the effect of its sale, whereas the earlier order had only remitted the distance-from-municipal-limits issue for verification with reference to the applicable CBDT circular. Section 254(2) permits correction of obvious mistakes only, not review or re-adjudication, so the application was rejected. Case-Laws Income Tax Wed, 08 Jan 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=766578