https://www.taxtmi.com/acts?id=7854 Sections 245HA and 245HAA provide that where a section 245C application is rejected, declared invalid, not allowed to proceed, or not disposed within prescribed time, proceedings before the Settlement Commission abate on specified dates and the Assessing Officer or other income-tax authority shall thereafter dispose of the case as if no section 245C application had been made. Material and evidence produced before the Commission may be used by the Assessing Officer. The period from application to specified date is excluded for relevant statutory time-limits, and the Assessing Officer must allow credit for tax and interest paid on or before application or during pendency. en-us Sat, 19 Jan 2008 22:45:54 +0530 Sat, 19 Jan 2008 22:45:54 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=7854 Sections 245HA and 245HAA provide that where a section 245C application is rejected, declared invalid, not allowed to proceed, or not disposed within prescribed time, proceedings before the Settlement Commission abate on specified dates and the Assessing Officer or other income-tax authority shall thereafter dispose of the case as if no section 245C application had been made. Material and evidence produced before the Commission may be used by the Assessing Officer. The period from application to specified date is excluded for relevant statutory time-limits, and the Assessing Officer must allow credit for tax and interest paid on or before application or during pendency. Act-Rules F. Acts / Amendment Acts Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=7854