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TMI Blog2018 (9) TMI 2060X X X X Extracts X X X X X X X X Extracts X X X X ..... Besides, offering additional income assessee has also stated that he will arrive at the actual amount and furnish the details based on the valuation report. The assessee accordingly came forward to offer an amount for taxation in his hands for assessment years 2007-08 and 2008-09. The Tribunal has also recorded the statement of the assessee in its order. The assessee made retraction from his earli ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ent in the order of the Tribunal, we find no merit in the miscellaneous application of the assessee. Moreover, the scope of section 254 (2) is very limited and only those errors can be rectified which are apparent in the order of the Tribunal. The view taken by the Tribunal cannot be reviewed under the garb of rectification under section 254(2) of the Act. We, therefore, dismiss the miscellaneous ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ined the order of the Tribunal, vis- -vis the Miscellaneous Application and we find that the main issue before the Tribunal is with regard to addition on account of investment in excess stock found during the course of survey at the mines of the assessee. The statement of the assessee was also recorded in which he has offered the additional income of ₹ 7 crores. Besides, offering additional ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... vey, there was no question of any adjustment of the closing stock of the earlier years which became the opening stock of the succeeding year. That is why, the Tribunal did not specifically deal with ground No. 8 raised by the assessee. 4. We have also carefully perused the order of the Tribunal and we find that Tribunal has examined all necessary aspects while adjudicating the issue. Since we d ..... X X X X Extracts X X X X X X X X Extracts X X X X
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