https://www.taxtmi.com/caselaws?id=330078 The court quashes and sets aside the impugned notices issued under Section 142(1) of the Income Tax Act for assessment years 2008-09 and 2009-2010 due to settlement proceedings before the Settlement Commission. The court rules that the Assessing Officer cannot override the Settlement Commission's jurisdiction, as per Section 245F(2) of the Act. The court advises seeking clarification from the Commission before issuing such notices if there are differing interpretations. The petition is allowed, and the court excludes a further six weeks for computing the limitation period to issue the notices, if applicable, with no order as to costs. en-us Tue, 05 Jul 2016 00:00:00 +0530 Sat, 16 Jul 2016 11:05:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=330078 The court quashes and sets aside the impugned notices issued under Section 142(1) of the Income Tax Act for assessment years 2008-09 and 2009-2010 due to settlement proceedings before the Settlement Commission. The court rules that the Assessing Officer cannot override the Settlement Commission's jurisdiction, as per Section 245F(2) of the Act. The court advises seeking clarification from the Commission before issuing such notices if there are differing interpretations. The petition is allowed, and the court excludes a further six weeks for computing the limitation period to issue the notices, if applicable, with no order as to costs. Case-Laws Income Tax Tue, 05 Jul 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=330078