Failure to consider the Judgement of High Court or Supreme Court is a mistake apparent from record which can be subject matter of rectification though the claim is not made during original assessment proceedings or appellate proceedings. (AY. 2013-2014)
Dy. CIT v. Sharda Cropchem Ltd. (2019) 178 DTR 83 / 71 ITR 141 / 199 TTJ 960 (Mum.)(Trib.)
S. 154 : Rectification of mistake–Failure to consider the Judgement of High Court or Supreme Court–Mistake apparent from record-Can be subject matter of rectification though the claim is not made during original assessment proceedings or appellate proceeding.