Deemed completion of assessment clarified as date assessment order is passed; settlement applications allowed after intimation. Para 61.2 is replaced (with effect from 1 June 2007) to clarify that an assessee may apply to the Settlement Commission only during pendency before the Assessing Officer; intimation under section 143(1) is not an assessment order and does not bar filing an application after such intimation; and an assessment is deemed to have been completed on the date on which the assessment order is passed.