https://www.taxtmi.com/caselaws?id=769741 ITAT Pune rejected Revenue's rectification application under Section 254(2) regarding unexplained cash credit under Section 68. Revenue sought rectification claiming factual aspects were not considered by the Tribunal in its earlier order allowing assessee's appeal and holding assessment as non-est. ITAT held that Section 254(2) powers are limited to rectifying mistakes apparent from record, not reviewing orders on merits. Following SC precedent in Reliance Telecom Ltd, Tribunal cannot revisit original orders or go into detailed merits under rectification powers. Revenue's application was essentially seeking review disguised as rectification, which is impermissible. No mistake apparent on record found warranting rectification. en-us Tue, 18 Mar 2025 00:00:00 +0530 Thu, 01 May 2025 08:46:53 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=769741 ITAT Pune rejected Revenue's rectification application under Section 254(2) regarding unexplained cash credit under Section 68. Revenue sought rectification claiming factual aspects were not considered by the Tribunal in its earlier order allowing assessee's appeal and holding assessment as non-est. ITAT held that Section 254(2) powers are limited to rectifying mistakes apparent from record, not reviewing orders on merits. Following SC precedent in Reliance Telecom Ltd, Tribunal cannot revisit original orders or go into detailed merits under rectification powers. Revenue's application was essentially seeking review disguised as rectification, which is impermissible. No mistake apparent on record found warranting rectification. Case-Laws Income Tax Tue, 18 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=769741