https://www.taxtmi.com/caselaws?id=13240 A statutory settlement under the Kar Vivad Samadhan Scheme, 1998, once voluntarily invoked, accepted and implemented, attains finality and cannot ordinarily be reopened. The designated authority's computation under the Scheme was conclusive, the settled appeal could not continue, and refund of amounts paid pursuant to the declaration was expressly barred. On the facts stated, the assessee accepted the computed liability, paid without protest, obtained the settlement certificate, and secured withdrawal of the departmental appeal. In the absence of a statutory exception such as clerical or arithmetical error or a false declaration unknown to the Revenue, the completed settlement remained binding and the challenge and refund claim were not maintainable. en-us Wed, 20 Dec 2006 00:00:00 +0530 Wed, 27 May 2009 15:24:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13240 A statutory settlement under the Kar Vivad Samadhan Scheme, 1998, once voluntarily invoked, accepted and implemented, attains finality and cannot ordinarily be reopened. The designated authority's computation under the Scheme was conclusive, the settled appeal could not continue, and refund of amounts paid pursuant to the declaration was expressly barred. On the facts stated, the assessee accepted the computed liability, paid without protest, obtained the settlement certificate, and secured withdrawal of the departmental appeal. In the absence of a statutory exception such as clerical or arithmetical error or a false declaration unknown to the Revenue, the completed settlement remained binding and the challenge and refund claim were not maintainable. Case-Laws Income Tax Wed, 20 Dec 2006 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13240