https://www.taxtmi.com/caselaws?id=376560 The High Court set aside the retrospective effect of the Settlement Commission's order and held that the order passed on 31.5.2016 would take effect from that date. The Court emphasized that the Settlement Commission lacked jurisdiction to give retrospective effect to its orders, as it would disrupt the legislative time limits. The High Court ruled in favor of the petitioner, allowing for any challenges to be raised independently following this judgment. en-us Thu, 28 Feb 2019 00:00:00 +0530 Tue, 19 Nov 2019 16:28:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=376560 The High Court set aside the retrospective effect of the Settlement Commission's order and held that the order passed on 31.5.2016 would take effect from that date. The Court emphasized that the Settlement Commission lacked jurisdiction to give retrospective effect to its orders, as it would disrupt the legislative time limits. The High Court ruled in favor of the petitioner, allowing for any challenges to be raised independently following this judgment. Case-Laws Income Tax Thu, 28 Feb 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=376560