https://www.taxtmi.com/circulars?id=8994 Section 245D requires the Settlement Commission to act on the Commissioner's report and permits objection where concealment of income or perpetration of fraud has been established or is likely to be established; this phrase is to be applied narrowly and objections should not be raised on mere suspicion but only where available law, evidence and past experience provide adequate justification that concealment or fraud is established or likely to be established. en-us Tue, 06 Jul 1976 00:00:00 +0530 Wed, 01 Jun 2011 16:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8994 Section 245D requires the Settlement Commission to act on the Commissioner's report and permits objection where concealment of income or perpetration of fraud has been established or is likely to be established; this phrase is to be applied narrowly and objections should not be raised on mere suspicion but only where available law, evidence and past experience provide adequate justification that concealment or fraud is established or likely to be established. Circulars Income Tax Tue, 06 Jul 1976 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8994