https://www.taxtmi.com/caselaws?id=13562 Settlement under the Kar Vivad Samadhan Scheme is generally conclusive on matters stated in the declaration and ordinarily bars reopening on those covered issues. However, the statutory provisos preserve the power to revive proceedings where the declaration contains false material particulars, and the settlement certificate may be amended for recorded reasons. Here, the reassessment concerned the assessee's eligibility for deduction under section 80HH, and that issue was not shown to have been disclosed in the declaration before the designated authority. The scheme therefore did not shield the assessee from reassessment on that point, and the reopening of the assessment was valid. en-us Tue, 27 Feb 2007 00:00:00 +0530 Fri, 29 May 2009 17:08:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=13562 Settlement under the Kar Vivad Samadhan Scheme is generally conclusive on matters stated in the declaration and ordinarily bars reopening on those covered issues. However, the statutory provisos preserve the power to revive proceedings where the declaration contains false material particulars, and the settlement certificate may be amended for recorded reasons. Here, the reassessment concerned the assessee's eligibility for deduction under section 80HH, and that issue was not shown to have been disclosed in the declaration before the designated authority. The scheme therefore did not shield the assessee from reassessment on that point, and the reopening of the assessment was valid. Case-Laws Income Tax Tue, 27 Feb 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=13562