TMI Blog2002 (1) TMI 12X X X X Extracts X X X X X X X X Extracts X X X X ..... . The facts are that the claim was made even not only before the Assessing Officer but before the Commissioner of Income-tax (Appeals) and the Tribunal also. This fact has not been disputed by learned counsel for the Revenue. - Considering the submissions and claim of statutory bonus which has not been allowed though claimed by the assessee, it is an apparent mistake on record and that can be corr ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e miscellaneous application filed by the assessee before the Tribunal, the assessee has categorically pointed out these facts and after considering the submissions, the Tribunal held that the bonus amount as statutory bonus is allowable and if that has not been allowed, that is an apparent mistake on record and that can be corrected under section 254(2) of the Income-tax Act, 1961. The facts are t ..... X X X X Extracts X X X X X X X X Extracts X X X X
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