https://www.taxtmi.com/acts?id=11941 Abatement of proceedings before the Settlement Commission occurs when a section 273 application is rejected, declared invalid, or when the Commission fails to pass an order in time, with the date of abatement fixed by the specific ground; following abatement the Assessing Officer or other income-tax authority shall dispose of the case as if no application had been made, being entitled to use all material, information and evidence produced or recorded before the Settlement Commission. The period from application to abatement is excluded from limitation periods for rectification, assessment or reassessment and for interest calculation. en-us Fri, 17 Sep 2010 12:04:37 +0530 Fri, 17 Sep 2010 12:04:37 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=11941 Abatement of proceedings before the Settlement Commission occurs when a section 273 application is rejected, declared invalid, or when the Commission fails to pass an order in time, with the date of abatement fixed by the specific ground; following abatement the Assessing Officer or other income-tax authority shall dispose of the case as if no application had been made, being entitled to use all material, information and evidence produced or recorded before the Settlement Commission. The period from application to abatement is excluded from limitation periods for rectification, assessment or reassessment and for interest calculation. Act-Rules Bills Fri, 17 Sep 2010 12:04:37 +0530 https://www.taxtmi.com/acts?id=11941