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Income Tax - Highlights / Catch Notes

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Rectification u/s 254(2) by ITAT - The parameters of powers for ...


Income Tax Appellate Tribunal's Section 254(2) Rectification: Correcting Mistakes vs. Reviewing Decisions-Distinct Powers Explained.

October 12, 2012

Case Laws     Income Tax     HC

Rectification u/s 254(2) by ITAT - The parameters of powers for correction of mistake and for review are separate and distinct. These have to be exercised in accordance with the law. - HC

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