Review of Tribunal order on a possible hidden transaction not permissible

Advocate Akhilesh Kumar Sah JCIT Vs M/s. Flipkart India Private Limited (ITAT Bangalore) Review of the order of the Tribunal on a possible hidden transaction not permissible: Flipkart India Private Ltd case ITAT does not have power to review its own order. Recently, in JCIT vs. Flipkart India Private Ltd [M.P. No. 337/Bang/2018 (In ITA No.202/Bang/2018) (AY. 2015-16) (Appeal by Assessee) & (ITA No. 693/Bang/2018) (AY. 2015-16) (Appeal by Revenue), decided on 24-04-2019], it was observed that the power of the Tribunal under section 254(2) of the Income Tax Act, 1961 (for short ‘the Actâ€...