https://www.taxtmi.com/caselaws?id=327310 The Court upheld the Settlement Commission's order allowing the application for settlement to proceed under Chapter XIXA of the Income Tax Act. Despite acknowledging the Revenue's objections regarding income disclosure, the Court directed the Settlement Commission to consider these objections at the final order stage under Section 245D(4) of the Act. Emphasizing the need for timely resolution to avoid application abatement, the Court maintained the order but stressed the importance of addressing objections promptly. en-us Thu, 28 Apr 2016 00:00:00 +0530 Thu, 17 Nov 2016 12:34:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=327310 The Court upheld the Settlement Commission's order allowing the application for settlement to proceed under Chapter XIXA of the Income Tax Act. Despite acknowledging the Revenue's objections regarding income disclosure, the Court directed the Settlement Commission to consider these objections at the final order stage under Section 245D(4) of the Act. Emphasizing the need for timely resolution to avoid application abatement, the Court maintained the order but stressed the importance of addressing objections promptly. Case-Laws Income Tax Thu, 28 Apr 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=327310