https://www.taxtmi.com/caselaws?id=271568 The court dismissed the petition challenging the Settlement Commission's jurisdiction and decision, emphasizing the Commission's adherence to procedural requirements and satisfaction with the disclosure made by the assessee. The court highlighted the Commission's authority to proceed with the application under Section 245D(1) of the Income Tax Act, noting legislative changes aimed at expediting application disposal. The petition was denied as the court found no procedural violations and deemed the Revenue unaffected, allowing the earlier stay order to expire. en-us Mon, 18 Jan 2016 00:00:00 +0530 Sat, 06 Feb 2016 13:02:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=271568 The court dismissed the petition challenging the Settlement Commission's jurisdiction and decision, emphasizing the Commission's adherence to procedural requirements and satisfaction with the disclosure made by the assessee. The court highlighted the Commission's authority to proceed with the application under Section 245D(1) of the Income Tax Act, noting legislative changes aimed at expediting application disposal. The petition was denied as the court found no procedural violations and deemed the Revenue unaffected, allowing the earlier stay order to expire. Case-Laws Income Tax Mon, 18 Jan 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=271568