2021 (7) TMI 529

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... For the Revenue : Shri Kannan Narayan,JCIT ORDER PER BEENA PILLAI, JUDICIAL MEMBER Present miscellaneous petition has been filed by revenue is alleging certain mistakes apparent on record in order dated 19/02/2020 passed by this Tribunal. 2. At the outset it has been submitted that the present miscellaneous application is filed beyond a period of 60 days as specified in section 254 (2) of th....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... stopped revenue from filing the present miscellaneous petition within the period of limitation. 5. Accordingly we condoned the delay caused in filing the present miscellaneous petition before this tribunal. 6. The Ld.Sr.DR submitted that this tribunal has erred in granting exemption under section 54F of the Act, to assessee as assessee violated provisions of section 54 (3) of the Act. The reven....

X X   X X   Extracts   X X   X X

Full Text of the Document

X X   X X   Extracts   X X   X X

.... be exercised so as to review order passed by the Tribunal. Hon'ble court held that application of principles laid down by the superior courts to the facts of the case on erroneous understanding of such principles, recording of an erroneous finding by the Tribunal based on facts on record, formation of a conclusion on erroneous application of provision of law to the facts of the case, etc., cannot....