Settlement application eligibility for pending appeals: withdrawal allows application to the Settlement Commission subject to tribunal permission and commission discretion. Assessees with appeals pending before the Appellate Tribunal could withdraw those appeals with Tribunal permission and then apply to the Settlement Commission for settlement; such withdrawal caused the appeal to be deemed a proceeding pending before a wealth-tax authority. Applications via this route were subject to a statutory short time limit from communication of the Tribunal's permission, were treated as applications under the Chapter with most of the Chapter's provisions applying, and if the Commission did not entertain the application the withdrawal was not effective and appeal provisions remained applicable.
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.
Settlement application eligibility for pending appeals: withdrawal allows application to the Settlement Commission subject to tribunal permission and commission discretion.
Assessees with appeals pending before the Appellate Tribunal could withdraw those appeals with Tribunal permission and then apply to the Settlement Commission for settlement; such withdrawal caused the appeal to be deemed a proceeding pending before a wealth-tax authority. Applications via this route were subject to a statutory short time limit from communication of the Tribunal's permission, were treated as applications under the Chapter with most of the Chapter's provisions applying, and if the Commission did not entertain the application the withdrawal was not effective and appeal provisions remained applicable.
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