Tribunal has no Power to Recall/Review its own Orders: ITAT dismisses MA Challenging Revisionary Order [Read Order]
Considering the matter had already been decided, ITAT dismissed the MA challenging Section 263 of the Income Tax Act
By Kavi Priya - On September 11, 2024 10:52 am - 2 mins read
The Hyderabad Bench of Income Tax Appellate Tribunal ( ITAT ) dismissed the Miscellaneous Application (M.A.) of the assessee challenging revisionary order stating Tribunal has no power to recall/review its own orders. Samriddhi Petroproducts Private Limited (the assessee) had a tax assessment order passed by the Assessing officer on 12/09/2016. The Principal Commissioner of Income…
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