Tag: Settlement Commission

Rejection of Settlement Application for not disclosing refund granted due to failure of Chartered Accountant quashed by HC

Rejection of Settlement application for not disclosing refund granted due to failure of chartered accountant to inform- High Court quashed the order ABCAUS Case Law Citation: ABCAUS 2396 (2018) 07 HC Important Case Laws Cited/relied upon by the parties: Vascon Engineers Ltd., vs. Income-tax Settlement Commission and Others …

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 invoking Rule 9 or Section 245D(3). The petitioner should satisfy the Settlement Commission that there has been full and true disclosure ABCAUS Case Law Citation: ABCAUS 2178 (2018) …
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