https://www.taxtmi.com/caselaws?id=235503 The High Court upheld the amendments made by the Finance Act, 2007 in Chapter XIX-A of the Income Tax Act, 1961, regarding abatement of proceedings for settlement filed before the amendment. Following the approach of the Bombay High Court, the court chose to read down the provisions rather than declare them unconstitutional. Emphasizing the legislative intent to streamline proceedings and ensure expeditious disposal, the court directed the Settlement Commission to consider delays attributable to applicants before making final orders, preserving the constitutional validity of the amendments. The court's decision aligned with previous judgments and provided guidelines for determining delays in proceedings. en-us Mon, 22 Jul 2013 00:00:00 +0530 Thu, 25 Jul 2013 07:51:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=235503 The High Court upheld the amendments made by the Finance Act, 2007 in Chapter XIX-A of the Income Tax Act, 1961, regarding abatement of proceedings for settlement filed before the amendment. Following the approach of the Bombay High Court, the court chose to read down the provisions rather than declare them unconstitutional. Emphasizing the legislative intent to streamline proceedings and ensure expeditious disposal, the court directed the Settlement Commission to consider delays attributable to applicants before making final orders, preserving the constitutional validity of the amendments. The court's decision aligned with previous judgments and provided guidelines for determining delays in proceedings. Case-Laws Income Tax Mon, 22 Jul 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=235503