Exclusive jurisdiction of Settlement Commission to exercise wealth-tax authority powers over cases pending settlement, subject to self-assessment and chapter provisions. Settlement Commission has all powers of a wealth-tax authority and, where an application is permitted to proceed, holds exclusive jurisdiction to exercise those powers in the case until an order is passed, subject to statutory exceptions; absent an express direction by the Commission, this does not affect the applicant's self-assessment obligation or the operation of Act provisions relating to matters not before the Commission. The Commission may regulate its own procedure and that of its Benches, including sittings.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Exclusive jurisdiction of Settlement Commission to exercise wealth-tax authority powers over cases pending settlement, subject to self-assessment and chapter provisions.
Settlement Commission has all powers of a wealth-tax authority and, where an application is permitted to proceed, holds exclusive jurisdiction to exercise those powers in the case until an order is passed, subject to statutory exceptions; absent an express direction by the Commission, this does not affect the applicant's self-assessment obligation or the operation of Act provisions relating to matters not before the Commission. The Commission may regulate its own procedure and that of its Benches, including sittings.
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