https://www.taxtmi.com/caselaws?id=211147 The High Court quashed the ITSC's order admitting the application for settlement, emphasizing the need for detailed, reasoned orders addressing objections raised, particularly regarding full and true income disclosure and complexity of the case. The Court highlighted the ITSC's failure to independently examine evidence and materials, remitting the matter for a fresh order in compliance with the law. The revenue was awarded costs of Rs. 20,000/-. en-us Thu, 23 Feb 2012 00:00:00 +0530 Sat, 29 Jun 2013 12:26:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=211147 The High Court quashed the ITSC's order admitting the application for settlement, emphasizing the need for detailed, reasoned orders addressing objections raised, particularly regarding full and true income disclosure and complexity of the case. The Court highlighted the ITSC's failure to independently examine evidence and materials, remitting the matter for a fresh order in compliance with the law. The revenue was awarded costs of Rs. 20,000/-. Case-Laws Income Tax Thu, 23 Feb 2012 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=211147