https://www.taxtmi.com/caselaws?id=3011 The court dismissed the petitions challenging the rejection of settlement applications by the Settlement Commission. It held that the Commission acted within its jurisdiction, followed correct procedures, and did not breach principles of natural justice. The court found no fault in the constitution of a Special Bench and upheld the rejection of applications under both the Income Tax Act and Wealth Tax Act due to insufficient disclosure. The decision was based on substantial evidence, and the Commission's actions were deemed legally sound. en-us Mon, 28 Jan 2008 00:00:00 +0530 Fri, 12 Jul 2013 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=3011 The court dismissed the petitions challenging the rejection of settlement applications by the Settlement Commission. It held that the Commission acted within its jurisdiction, followed correct procedures, and did not breach principles of natural justice. The court found no fault in the constitution of a Special Bench and upheld the rejection of applications under both the Income Tax Act and Wealth Tax Act due to insufficient disclosure. The decision was based on substantial evidence, and the Commission's actions were deemed legally sound. Case-Laws Income Tax Mon, 28 Jan 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=3011