ITAT doesn’t have jurisdiction to review its earlier order rectification petition u/s. 254(2)

Devaraj & Others Vs ITO (Madras High Court)

Madras High Court held that Income Tax Appellate Tribunal cannot review its earlier order under Section 254(2) of the Income Tax Act. Notably jurisdiction of Tribunal is restricted only to rectify error and not review.

Facts- A scheme to provide dhotis and sarees for the poor was formulated by the Tamil Nadu State Government. Tamil Nadu Textile Corporation (TNTC), a state subsidiary, was entrusted with the responsibility of procuring them. A large scam erupted in the scheme, which led to a search being conduct

Please become a Premium member. If you are already a Premium member, login here to access the full content.