https://www.taxtmi.com/caselaws?id=337241 The court dismissed the petition, upholding the validity of the notices issued under Sections 147 and 148 of the Income Tax Act, 1961. It found that the notices were based on incriminating documents justifying the belief that income had escaped assessment. The court held that the Settlement Commission acted within its jurisdiction and did not violate principles of natural justice. Additionally, it determined that the Settlement Commission's order was legal and advised the petitioner to file a return, seek reasons for the notices, and have the Assessing Officer consider objections in a speaking order. en-us Fri, 16 Dec 2016 00:00:00 +0530 Thu, 05 Jan 2017 09:13:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=337241 The court dismissed the petition, upholding the validity of the notices issued under Sections 147 and 148 of the Income Tax Act, 1961. It found that the notices were based on incriminating documents justifying the belief that income had escaped assessment. The court held that the Settlement Commission acted within its jurisdiction and did not violate principles of natural justice. Additionally, it determined that the Settlement Commission's order was legal and advised the petitioner to file a return, seek reasons for the notices, and have the Assessing Officer consider objections in a speaking order. Case-Laws Income Tax Fri, 16 Dec 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=337241