https://www.taxtmi.com/caselaws?id=181206 A settlement under the Kar Vivad Samadhan Scheme becomes conclusive once the declaration is accepted, the amount determined under section 90 is paid, and the certificate is issued toward full and final settlement of the covered tax arrears. The scheme bars reopening the settled arrears in other proceedings, so the Assessing Officer could not use section 154 to rectify the assessment and withdraw depreciation after such settlement. The attempted rectification to revise a demand already covered by the scheme was therefore without jurisdiction and could not be sustained. en-us Thu, 13 Oct 2011 00:00:00 +0530 Sat, 09 Apr 2016 13:38:55 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=181206 A settlement under the Kar Vivad Samadhan Scheme becomes conclusive once the declaration is accepted, the amount determined under section 90 is paid, and the certificate is issued toward full and final settlement of the covered tax arrears. The scheme bars reopening the settled arrears in other proceedings, so the Assessing Officer could not use section 154 to rectify the assessment and withdraw depreciation after such settlement. The attempted rectification to revise a demand already covered by the scheme was therefore without jurisdiction and could not be sustained. Case-Laws Income Tax Thu, 13 Oct 2011 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=181206