https://www.taxtmi.com/acts?id=3354 The Settlement Commission holds all powers of an income-tax authority and, when a settlement application is permitted to proceed, has exclusive jurisdiction to exercise those powers in relation to the case, subject to provisos limiting exclusivity where applications are rejected, declared invalid, or disallowed from further proceeding. Other statutory provisions, including self-assessment obligations, remain operative unless the Commission expressly directs otherwise. The Commission may regulate its own procedure and that of its Benches, and the same powers and procedural regime are applied to the Interim Board. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 25 Jul 2025 15:46:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3354 The Settlement Commission holds all powers of an income-tax authority and, when a settlement application is permitted to proceed, has exclusive jurisdiction to exercise those powers in relation to the case, subject to provisos limiting exclusivity where applications are rejected, declared invalid, or disallowed from further proceeding. Other statutory provisions, including self-assessment obligations, remain operative unless the Commission expressly directs otherwise. The Commission may regulate its own procedure and that of its Benches, and the same powers and procedural regime are applied to the Interim Board. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3354