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    <title>1997 (5) TMI 394 - INCOME TAX SETTLEMENT COMMISSION</title>
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    <description>The case involved issues regarding jurisdiction under section 245E, annulment of actions taken after the settlement application, and the appropriate course of action for invoking section 245E for specific assessment years. The Commission held that section 245E could be invoked after an application under section 245C(1) is allowed to proceed, assessments made post-settlement application could not be annulled, and the request for invoking section 245E was not applicable for certain assessment years. The application was remanded to the Settlement Commission for further orders based on the findings.</description>
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    <pubDate>Fri, 02 May 1997 00:00:00 +0530</pubDate>
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      <title>1997 (5) TMI 394 - INCOME TAX SETTLEMENT COMMISSION</title>
      <link>https://www.taxtmi.com/caselaws?id=152030</link>
      <description>The case involved issues regarding jurisdiction under section 245E, annulment of actions taken after the settlement application, and the appropriate course of action for invoking section 245E for specific assessment years. The Commission held that section 245E could be invoked after an application under section 245C(1) is allowed to proceed, assessments made post-settlement application could not be annulled, and the request for invoking section 245E was not applicable for certain assessment years. The application was remanded to the Settlement Commission for further orders based on the findings.</description>
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      <pubDate>Fri, 02 May 1997 00:00:00 +0530</pubDate>
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