Concealment or fraud established or likely to be established blocks settlement applications; objections require adequate justification. Section 245D requires the Settlement Commission to act on the Commissioner's report and permits objection where concealment of income or perpetration of fraud has been established or is likely to be established; this phrase is to be applied narrowly and objections should not be raised on mere suspicion but only where available law, evidence and past experience provide adequate justification that concealment or fraud is established or likely to be established.
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.
Concealment or fraud established or likely to be established blocks settlement applications; objections require adequate justification.
Section 245D requires the Settlement Commission to act on the Commissioner's report and permits objection where concealment of income or perpetration of fraud has been established or is likely to be established; this phrase is to be applied narrowly and objections should not be raised on mere suspicion but only where available law, evidence and past experience provide adequate justification that concealment or fraud is established or likely to be established.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
