Section 245

  • Income Tax

CPC can not adjust refund in excess of 20% for disputed outstanding demand

CPC can not adjust refund in excess of 20% for disputed outstanding demand. Order u/s 245 or order u/s 220(6)…

3 years ago
  • Income Tax

Settlement Commission not precluded from proceeding despite non disclosure of prosecution

Settlement Commission not precluded from proceeding despite non disclosure of prosecution for the period in question as pre-requisites not require…

5 years ago
  • Income Tax

Simply because Settlement Commission’s order not liked by ITD, it would not invite action by High Court

Simply because order of Settlement Commission was not liked by department, it would not invite different opinion by the High…

5 years ago
  • Income Tax

At admission stage, Settlement Commission not expected to call records invoking Section 245D(3)/Rule 9 or utilize the machinery available

At the stage of admission, Settlement Commission not expected or be compelled to utilizing the machinery available to call records…

6 years ago