https://www.taxtmi.com/caselaws?id=357263 The High Court dismissed the Writ Petition challenging the Settlement Commission's order under Section 245D(6B) of the Income Tax Act, 1961. The Commission's decision to allow the Respondent-Assessee's application for a partial recall of the earlier order was upheld, emphasizing the limited scope of rectification applications under Section 245D(6B) to correct errors apparent from the record. The Court clarified that rectification is not a tool for reviewing final orders, highlighting the importance of upholding the sanctity of settlement orders. en-us Thu, 15 Mar 2018 00:00:00 +0530 Tue, 20 Mar 2018 08:47:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=357263 The High Court dismissed the Writ Petition challenging the Settlement Commission's order under Section 245D(6B) of the Income Tax Act, 1961. The Commission's decision to allow the Respondent-Assessee's application for a partial recall of the earlier order was upheld, emphasizing the limited scope of rectification applications under Section 245D(6B) to correct errors apparent from the record. The Court clarified that rectification is not a tool for reviewing final orders, highlighting the importance of upholding the sanctity of settlement orders. Case-Laws Income Tax Thu, 15 Mar 2018 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=357263