Rectification u/s 254 - A binding decision is always ...
Court Ruling u/s 254: Judicial Decisions Are Retrospective, Correcting Prior Legal Interpretation Errors.
April 1, 2019
Case Laws Income Tax AT
Rectification u/s 254 - A binding decision is always retrospective - When a court decides a matter it only interprets law and applies it to the facts of the case. any interpretation of law contrary to subsequent judicial pronouncement it is a mistake apparent from record.
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