Income tax Settlement Commission constitution and composition clarified; appointments require persons of integrity with direct tax expertise. Creates the Income-tax Settlement Commission to settle cases under the Chapter, to operate within the Central Government department handling direct taxes, and be constituted by a Chairman together with such Vice Chairmen and other members as the Central Government deems fit. Members and office holders must be appointed by the Central Government from persons of integrity and outstanding ability with special knowledge and experience in direct taxes and business accounts; appointment of a current Board member to the Commission requires cessation of Board membership.