https://www.taxtmi.com/acts?id=3361 Where a settlement order imposes a penalty for concealment, or the applicant is convicted of a related offence, or the Settlement Commission remands the case to the Assessing Officer, the applicant and any related person are barred from making further settlement applications in relation to other matters; the provision expressly defines related person by reference to shareholding, voting rights, profit entitlement and karta status. en-us Sat, 19 Jan 2008 22:45:54 +0530 Thu, 28 Aug 2025 17:11:50 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=3361 Where a settlement order imposes a penalty for concealment, or the applicant is convicted of a related offence, or the Settlement Commission remands the case to the Assessing Officer, the applicant and any related person are barred from making further settlement applications in relation to other matters; the provision expressly defines related person by reference to shareholding, voting rights, profit entitlement and karta status. Act-Rules Income Tax Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=3361