https://www.taxtmi.com/caselaws?id=5204 The SC overruled the plea of estoppel and held that the CIT's objection is a valid bar to the Settlement Commission's jurisdiction where grave deviations exist. The Commissioner has statutory power under s. 245D(1) to object to settlement on such grounds, and the Settlement Commission must refrain from proceeding with the assessee's application. The appeals filed by the assessee before the ITAT are to be revived and disposed of expeditiously. en-us Fri, 04 May 1979 00:00:00 +0530 Tue, 16 Sep 2025 10:11:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=5204 The SC overruled the plea of estoppel and held that the CIT's objection is a valid bar to the Settlement Commission's jurisdiction where grave deviations exist. The Commissioner has statutory power under s. 245D(1) to object to settlement on such grounds, and the Settlement Commission must refrain from proceeding with the assessee's application. The appeals filed by the assessee before the ITAT are to be revived and disposed of expeditiously. Case-Laws Income Tax Fri, 04 May 1979 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=5204