https://www.taxtmi.com/caselaws?id=12454 A remedial fiscal order under the Kar Vivad Samadhan Scheme was deemed to operate from 1 September 1998 and extended settlement benefits to pending co-noticee penalty proceedings arising from the same matter. Where the principal declarant had settled the tax arrears, the order stated that civil proceedings for fine or penalty against other persons covered by a pending show-cause notice on that matter would not continue. The retrospective commencement date was treated as decisive, so later penalty orders could not defeat the statutory benefit created by the deeming provision. The co-noticees were therefore treated as entitled to the Scheme's protection, and the penalty proceedings were terminated. en-us Thu, 14 Jun 2001 00:00:00 +0530 Thu, 25 Feb 2010 15:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=12454 A remedial fiscal order under the Kar Vivad Samadhan Scheme was deemed to operate from 1 September 1998 and extended settlement benefits to pending co-noticee penalty proceedings arising from the same matter. Where the principal declarant had settled the tax arrears, the order stated that civil proceedings for fine or penalty against other persons covered by a pending show-cause notice on that matter would not continue. The retrospective commencement date was treated as decisive, so later penalty orders could not defeat the statutory benefit created by the deeming provision. The co-noticees were therefore treated as entitled to the Scheme's protection, and the penalty proceedings were terminated. Case-Laws Income Tax Thu, 14 Jun 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=12454