2019 (4) TMI 851 - AT - Income Tax

Rectification u/s 254 - mistake apparent from record - HELD THAT - Assessee u/s 254(2) of the Act seeking rectification of alleged mistake in the order of the Tribunal. According to the assessee, the ITAT has committed a mistake apparent from record in its order by upholding the order of the CIT (A), even though the assessee has raised a specific ground that it was beyond the power of the CIT (A) to introduce into assessment new sources of income and it placed reliance upon various case law on the issue. We find that the assessee s contentions have been considered and dealt with extensively by the Tribunal. The assessee is only seeking a review of the order which is not permissible u/s 254(2) of the Act. M.A filed by the assessee is dismissed.

Summary

The Appellate Tribunal ITAT Hyderabad dismissed the Miscellaneous Application filed by the assessee under section 254(2) seeking rectification of an alleged mistake in the order. The Tribunal found that the assessee's contentions had already been considered and dealt with extensively, and that seeking a review of the order was not permissible under section 254(2) of the Act. The M.A. filed by the assessee was therefore dismissed on 12th April, 2019.