https://www.taxtmi.com/circulars?id=9887 Filing a settlement application does not automatically suspend the limitation period; the Settlement Commission's exclusive jurisdiction arises only after it formally allows the application to proceed. The exclusion of time from limitation operates only when the Commission, by order, rejects or does not allow the application to be proceeded with; in the interim the assessing officer must continue assessments and may not keep proceedings in abeyance or directly correspond with the Commission. en-us Thu, 30 Aug 1990 00:00:00 +0530 Thu, 09 Jun 2011 16:23:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=9887 Filing a settlement application does not automatically suspend the limitation period; the Settlement Commission's exclusive jurisdiction arises only after it formally allows the application to proceed. The exclusion of time from limitation operates only when the Commission, by order, rejects or does not allow the application to be proceeded with; in the interim the assessing officer must continue assessments and may not keep proceedings in abeyance or directly correspond with the Commission. Circulars Income Tax Thu, 30 Aug 1990 00:00:00 +0530 https://www.taxtmi.com/circulars?id=9887