https://www.taxtmi.com/caselaws?id=374369 The High Court upheld the Tribunal's decision, ruling that the assessment under Section 148 was valid after the Settlement Commission's order. The court held that Section 155(1)(C) did not apply as no regular assessment had been made, and Section 148 was appropriate in this case. The court found in favor of the Revenue, stating that the assessment was not barred by limitation and leaving the matter open for the First Appellate Authority to address. en-us Fri, 18 Jan 2019 00:00:00 +0530 Thu, 31 Jan 2019 08:23:18 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=374369 The High Court upheld the Tribunal's decision, ruling that the assessment under Section 148 was valid after the Settlement Commission's order. The court held that Section 155(1)(C) did not apply as no regular assessment had been made, and Section 148 was appropriate in this case. The court found in favor of the Revenue, stating that the assessment was not barred by limitation and leaving the matter open for the First Appellate Authority to address. Case-Laws Income Tax Fri, 18 Jan 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=374369