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2019 (4) TMI 1618 - ITAT MUMBAIRevision u/s 254 - Bogus purchases - addition @ 6.18% - estimation of profit percentage - HELD THAT:- Assessee by filing the present application under Sec. 254(2) is seeking a review of the order passed by the Tribunal while disposing off his appeal viz. Popatlal N. Shah Vs. ACIT 19(2), Mumbai [2017 (11) TMI 1816 - ITAT MUMBAI] As per the settled position of law, though a mistake which is glaring, patent, apparent and obvious from the records is amenable for rectification under sub-section (2) of Sec.254, however, the powers therein vested cannot be exercised for allowing a review of the order. In sum and substance, as the assessee in the case before us is seeking a review of the order passed by the Tribunal while disposing off its appeal, which as observed by us is not permissible in the eyes of law, therefore, the application filed by him does not merit acceptance.
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