https://www.taxtmi.com/caselaws?id=15787 The court held that the Assessing Officer lacked jurisdiction to issue notices under section 158BC/BD while the matter was pending before the Settlement Commission. It emphasized the exclusive jurisdiction of the Settlement Commission over admitted cases and found the Assessing Officer's actions unjustified. The court quashed the notice dated December 24, 1997, as there was no clear evidence of undisclosed income and the Assessing Officer's basis for issuing the notice was related to another entity already under the Settlement Commission's consideration. en-us Fri, 27 Aug 1999 00:00:00 +0530 Sat, 29 Aug 2009 11:07:34 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=15787 The court held that the Assessing Officer lacked jurisdiction to issue notices under section 158BC/BD while the matter was pending before the Settlement Commission. It emphasized the exclusive jurisdiction of the Settlement Commission over admitted cases and found the Assessing Officer's actions unjustified. The court quashed the notice dated December 24, 1997, as there was no clear evidence of undisclosed income and the Assessing Officer's basis for issuing the notice was related to another entity already under the Settlement Commission's consideration. Case-Laws Income Tax Fri, 27 Aug 1999 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=15787