Tribunal Lacks Power to Review Orders based on subsequent decision of SC

Infantry Security and Facilities through, proprietor Tukaram M. Surayawanshi Vs ITO (Bombay High Court) In the case of Infantry Security and Facilities, proprietor Tukaram M. Surayawanshi Vs ITO, the Bombay High Court examined the jurisdiction of the Income Tax Appellate Tribunal (Tribunal) concerning its ability to review decisions based on subsequent Supreme Court rulings. The case involved the petitioner challenging the Tribunal’s rejection of a miscellaneous application filed by the Revenue, which sought to amend the Tribunal’s order dated 26 July 2022. The Revenue’s argument was tha...