https://www.taxtmi.com/caselaws?id=116423 The Supreme Court quashed the Designated Authority's orders rejecting the declarations filed by the assessee under the Kar Vivad Samadhan Scheme. The Court upheld the High Court's decision that the declarations were wrongly rejected, emphasizing that if an appeal or revision was pending at the time of filing the declaration, it could not be deemed ineffective. The Court clarified that the scheme aimed to settle tax arrears in pending litigation, offering benefits and immunities from penalties and prosecution. The appeal was dismissed with no costs awarded. en-us Thu, 01 Sep 2005 00:00:00 +0530 Fri, 06 Dec 2013 14:35:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=116423 The Supreme Court quashed the Designated Authority's orders rejecting the declarations filed by the assessee under the Kar Vivad Samadhan Scheme. The Court upheld the High Court's decision that the declarations were wrongly rejected, emphasizing that if an appeal or revision was pending at the time of filing the declaration, it could not be deemed ineffective. The Court clarified that the scheme aimed to settle tax arrears in pending litigation, offering benefits and immunities from penalties and prosecution. The appeal was dismissed with no costs awarded. Case-Laws Income Tax Thu, 01 Sep 2005 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=116423