2017 (3) TMI 399 - SCH - Income Tax

Scope of rectification of mistake - Apex Court dismissed the petition against the decision of HC 2015 (7) TMI 1082 - MADRAS HIGH COURT . - It is trite law that a person is estopped in pursuing parallel proceedings before two authorities for the same relief. Therefore, the Tribunal was correct in declining to interfere with its earlier order and dismissing the application, as there was no scope for rectifying any mistake, since there was no mistake apparent from the record, as envisaged under section 154(1A). Substantial question of law is answered in favour of the respondent-Revenue and against the appellant-assessee.