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of <h1>Ministry of Finance Amends Income-tax Settlement Commission Rules: New Procedures for Application Submissions and Two-Member Benches.</h1> The Income-tax Settlement Commission (Procedure) Amendment Rules, 2010, issued by the Ministry of Finance, amends the 1997 rules under the Income-tax Act, 1961. Key changes include redefining the term 'Officer of the Commission' to include various directors and officers, and specifying procedures for submitting settlement applications. The amendments introduce requirements for accompanying documents and reports, such as self-attested tax payment evidence and additional reports from the Commissioner. They also detail the preparation and submission of paper books for hearings, and outline the constitution of a two-member bench under certain circumstances.
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