https://www.taxtmi.com/caselaws?id=342689 MP HC quashed Settlement Commission's order dated 17/02/2017 under Section 245D(4) that abated petitioner's settlement application for allegedly not making full and true disclosure of unaccounted income. Court held Settlement Commission wrongly relied solely on Income Tax Department's volumetric report dated 24/07/2012 without discussing petitioner's contentions or explaining how submissions were untrue. Commission dismissed State Government report and statutory mining plan without proper analysis, showing predetermined approach. Court quashed both Settlement Commission order and volumetric report, remanding matter back to Settlement Commission for fresh consideration of all documents and materials. en-us Thu, 27 Apr 2017 00:00:00 +0530 Mon, 20 Jan 2025 11:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=342689 MP HC quashed Settlement Commission's order dated 17/02/2017 under Section 245D(4) that abated petitioner's settlement application for allegedly not making full and true disclosure of unaccounted income. Court held Settlement Commission wrongly relied solely on Income Tax Department's volumetric report dated 24/07/2012 without discussing petitioner's contentions or explaining how submissions were untrue. Commission dismissed State Government report and statutory mining plan without proper analysis, showing predetermined approach. Court quashed both Settlement Commission order and volumetric report, remanding matter back to Settlement Commission for fresh consideration of all documents and materials. Case-Laws Income Tax Thu, 27 Apr 2017 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=342689