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Wealth-tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Tribunal, while exercising the power of rectification, can ...


Tribunal Can Recall Orders for Mistakes or Errors Under Rectification Process, But Not for Other Reasons.

April 13, 2015

Case Laws     Wealth-tax     HC

Tribunal, while exercising the power of rectification, can recall its order, if it is satisfied that on account of mistake, manifest error or omission attributable to the Tribunal, prejudice is caused to the party. The Tribunal can recall its order for rectification of mistake apparent from the record. Else, the Tribunal has no power to recall its order. - HC

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