https://www.taxtmi.com/caselaws?id=206783 The court dismissed the petitions challenging the Settlement Commission's interest charges under Sections 234B and 234C of the Income Tax Act, 1961. It held that the petitioner's delay in filing the writ petition and reliance on the Supreme Court's decision in Brijlal and others did not warrant reopening settled matters. Emphasizing the importance of timeliness in seeking judicial review, the court ruled that the decision in Brijlal and others could not be applied retrospectively to unsettle closed matters. en-us Tue, 27 Sep 2011 00:00:00 +0530 Sat, 26 Nov 2011 12:29:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=206783 The court dismissed the petitions challenging the Settlement Commission's interest charges under Sections 234B and 234C of the Income Tax Act, 1961. It held that the petitioner's delay in filing the writ petition and reliance on the Supreme Court's decision in Brijlal and others did not warrant reopening settled matters. Emphasizing the importance of timeliness in seeking judicial review, the court ruled that the decision in Brijlal and others could not be applied retrospectively to unsettle closed matters. Case-Laws Income Tax Tue, 27 Sep 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=206783