Document Identification Number compliance renders TDS-default orders invalid where mandatory DIN requirements are breached and curative provision does...
Anti-profiteering obligations survive business demerger, complaint withdrawal, and customized supply arrangements where rate-reduction benefits are no...
Section 245H's first proviso denies Settlement Commission immunity where prosecution was instituted before receipt of the settlement application. Accordingly, a settlement order cannot extend immunity to an already filed complaint concerning false statements in an income-tax search, including undisclosed bank lockers. Inherent jurisdiction may nevertheless be invoked independently to examine whether continuing a long-pending prosecution after final settlement would abuse process. Where settlement remains unchallenged, payment directions have been complied with, and continued proceedings serve no practical purpose, the criminal complaint and consequential orders may be quashed.
Section 245H's first proviso denies Settlement Commission immunity where prosecution was instituted before receipt of the settlement application. Accordingly, a settlement order cannot extend immunity to an already filed complaint concerning false statements in an income-tax search, including undisclosed bank lockers. Inherent jurisdiction may nevertheless be invoked independently to examine whether continuing a long-pending prosecution after final settlement would abuse process. Where settlement remains unchallenged, payment directions have been complied with, and continued proceedings serve no practical purpose, the criminal complaint and consequential orders may be quashed.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
