https://www.taxtmi.com/caselaws?id=55611 The Tribunal corrected a rectification order under section 155(7A) by acknowledging the mistake in mentioning the High Court instead of the District Judge. The Tribunal partially allowed the miscellaneous application, adding compensation for capital gains as per the district judge's order. The Accountant Member raised concerns over the order's jurisdiction and limitation period under section 154, leading to a referral to a Third Member. The Third Member concluded that section 155(7A) did not apply, quashing the ITO's order and emphasizing the need to correct the Tribunal's decision based on proper legal considerations. en-us Fri, 09 Mar 1984 00:00:00 +0530 Mon, 29 Nov 2010 10:05:35 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=55611 The Tribunal corrected a rectification order under section 155(7A) by acknowledging the mistake in mentioning the High Court instead of the District Judge. The Tribunal partially allowed the miscellaneous application, adding compensation for capital gains as per the district judge's order. The Accountant Member raised concerns over the order's jurisdiction and limitation period under section 154, leading to a referral to a Third Member. The Third Member concluded that section 155(7A) did not apply, quashing the ITO's order and emphasizing the need to correct the Tribunal's decision based on proper legal considerations. Case-Laws Income Tax Fri, 09 Mar 1984 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=55611