Legality of revision of Order of ITAT u/s 254 on Ground of Retrospective Overruling: Supreme Court directs to approach prescribed authority under ITAT OrderĀ [Read Judgement]

The Court disposed of the Special Leave Petition with liberty to the petitioners to raise all the legal issues before the Prescribed Authority to whom the matter has been remitted by the Tribunal.
Supreme Court - ITAT u/s 254 - Income Tax Appellate Tribunals Order - taxscan

The Supreme Court directed the petitioner to approach the prescribed authority mentioned in the Income Tax Appellate Tribunals Order (ITAT). The Special Leave Petition arose out of the final judgment and order passed by the Delhi High Court. The issue was in related to the legality of the revision of the order of ITAT under…

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