https://www.taxtmi.com/caselaws?id=464218 ITAT allowed the revenue's misc. application under s.254(2) to recall and correct a prior ITAT order that mistakenly applied SFT provisions instead of the applicable AIR provisions for AY 2013-14 (FY 2012-13). The Tribunal found the error was a mistake apparent on the record and therefore rectifiable under s.254(2). The bench held that the cited SC authority limiting s.254(2) did not preclude correction where an apparent mistake exists, and directed amendment of the earlier order accordingly. en-us Thu, 05 May 2022 00:00:00 +0530 Sun, 12 Oct 2025 16:25:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=464218 ITAT allowed the revenue's misc. application under s.254(2) to recall and correct a prior ITAT order that mistakenly applied SFT provisions instead of the applicable AIR provisions for AY 2013-14 (FY 2012-13). The Tribunal found the error was a mistake apparent on the record and therefore rectifiable under s.254(2). The bench held that the cited SC authority limiting s.254(2) did not preclude correction where an apparent mistake exists, and directed amendment of the earlier order accordingly. Case-Laws Income Tax Thu, 05 May 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=464218