https://www.taxtmi.com/caselaws?id=284717 The Income Tax Settlement Commission's rejection of the petitioner's Settlement Application was challenged in a writ petition. The Court, noting the possibility of double taxation due to a related individual's successful Settlement Application, set aside the rejection order and remanded the matter for fresh consideration. Emphasizing the need for independent evaluation in each case, the Court granted the petitioner the opportunity to submit a rejoinder for the Commission's review. The writ petition was allowed without costs, with the Madras High Court directing prompt reconsideration by the Settlement Commission. en-us Fri, 09 Aug 2019 00:00:00 +0530 Fri, 06 Dec 2019 11:27:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=284717 The Income Tax Settlement Commission's rejection of the petitioner's Settlement Application was challenged in a writ petition. The Court, noting the possibility of double taxation due to a related individual's successful Settlement Application, set aside the rejection order and remanded the matter for fresh consideration. Emphasizing the need for independent evaluation in each case, the Court granted the petitioner the opportunity to submit a rejoinder for the Commission's review. The writ petition was allowed without costs, with the Madras High Court directing prompt reconsideration by the Settlement Commission. Case-Laws Income Tax Fri, 09 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=284717