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2012 (7) TMI 335 - ITAT, AHMEDABADAddition of Gross Profit - notional tax effect - AO has not established any case of bogus claim or double deduction of expenses by the appellant Rectification under Section 254(2) of IT Act – Held that:- At the time when the impugned appeal of the Revenue was dismissed by the Tribunal vide order dated 14-05-2010, reliance was placed on certain decisions and the CBDT Circular available at that time – adjudication was proper after due consideration of the facts as also the law applicable at that point of time - All the latest development thereafter thus raised a controversy and being controversial in nature therefore cannot be made the basis for rectification of the order as prescribed under Section 254(2) of IT Act - petition of the Revenue dismissed
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