High Court: Settlement Commissioner can't review during petition. Income Tax Act sections challenged.

The High Court Bombay ruled that the Settlement Commissioner should not consider the Settlement Application during the petition's pendency, based on the constitutional validity of Sections 245D(2D) and 245HA of the Income Tax Act, 1961. The Revenue counsel requested time to file an affidavit in reply.

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The High Court Bombay High Court ruled on the constitutional validity of Section 245D(2D) and 245HA of Income Tax Act, 1961. The Settlement Commissioner was directed not to consider the Settlement Application filed by the Petitioner No. 1 during the pendency of the petition. The Revenue counsel sought time to file an affidavit in reply.

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