https://www.taxtmi.com/caselaws?id=237762 The High Court declined to interfere with the Settlement Commission's order allowing an application for settlement to proceed in a case involving a respondent in the diamond processing and trading business facing search and seizure proceedings. The court emphasized that the Commission had not made a final decision on the application's merits but had permitted further inquiry, highlighting the procedural requirements under the Income-tax Act. The court directed the Commission to expedite the decision based on the material on record, dismissing the petition and instructing a thorough examination of all contentions before a final order is issued. en-us Wed, 13 Feb 2013 00:00:00 +0530 Mon, 07 Oct 2013 21:46:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=237762 The High Court declined to interfere with the Settlement Commission's order allowing an application for settlement to proceed in a case involving a respondent in the diamond processing and trading business facing search and seizure proceedings. The court emphasized that the Commission had not made a final decision on the application's merits but had permitted further inquiry, highlighting the procedural requirements under the Income-tax Act. The court directed the Commission to expedite the decision based on the material on record, dismissing the petition and instructing a thorough examination of all contentions before a final order is issued. Case-Laws Income Tax Wed, 13 Feb 2013 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=237762