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2019 (6) TMI 422 - AT - Income TaxRectification u/s 254 - tangible asset on account of goodwill and commercial rights and registration existed in the books of the firm before Succession - HELD THAT:- Upon careful consideration we find that by submitting elaborate arguments in the realm of review of the order of ITAT, the assessee is seeking an order u/s. 254(2) which only permits rectification of mistake apparent from record. The submission of the assessee herein above, barring a typographic mistake in figures, which though has no affect on the final outcome has duly been rectified by corrigendum, call for immense amount of reasoning and review. The learned Counsel of the assessee has even made further legal submissions. It is settled law that review of the order in the garb of rectification of mistake is not permissible in the Act.
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