https://www.taxtmi.com/caselaws?id=331433 The High Court upheld the decision of the Income Tax Settlement Commission to reject settlement applications for a block period. The Court found no complexity of investigation in determining undisclosed income and emphasized the importance of full and true disclosure. It clarified the limited jurisdiction in reviewing the Commission's decisions, dismissing the writ petitions for lack of procedural defects or violations of natural justice. The Court affirmed the Commission's due process, leading to the dismissal of the petitions and vacating of interim orders. en-us Fri, 12 Aug 2016 00:00:00 +0530 Sat, 25 Mar 2017 13:52:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=331433 The High Court upheld the decision of the Income Tax Settlement Commission to reject settlement applications for a block period. The Court found no complexity of investigation in determining undisclosed income and emphasized the importance of full and true disclosure. It clarified the limited jurisdiction in reviewing the Commission's decisions, dismissing the writ petitions for lack of procedural defects or violations of natural justice. The Court affirmed the Commission's due process, leading to the dismissal of the petitions and vacating of interim orders. Case-Laws Income Tax Fri, 12 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=331433