Finality of Order: SC Judgment Cannot Retroactively Rectify ITAT Order

DCIT Vs Brush Tech India (Karnataka High Court) Karnataka HC Dismisses Revenue’s Plea Against ITAT; Rules that Later SC Judgment Can’t Revive Concluded Matters The Karnataka High Court dismissed the Department’s writ petition challenging the ITAT’s refusal to entertain its rectification plea under Section 254(2). The Revenue had filed a miscellaneous application before ITAT seeking rectification of its earlier order dated 07.04.2022 (which had allowed the Assessee’s appeal) based on a later Supreme Court decision in Checkmate Services Pvt. Ltd. v. CIT (2023) 6 SCC 451. The Tribunal r...