ITAT Can Recall Its Order If Binding Precedent Is Ignored | Section 254(2) Gets Strong Backing In a significant ruling reinforcing judicial discipline, the Delhi ITAT has held that failure to follow binding judicial precedent is a “mistake apparent from record” and can be rectified under Section 254(2) of the Income-tax Act. This decision strengthens the…
The post ITAT Can Recall Its Order If Binding Precedent Is Ignored | Section 254(2) Gets Strong Backing appeared first on The Tax Talk.
