https://www.taxtmi.com/caselaws?id=389381 The Court reconsidered the petitioner's case in light of related proceedings before the Income Tax Settlement Commission involving a related party. Acknowledging the risk of double taxation, the Court opted to await the Settlement Commission's decision following a remand in the petitioner's case. The Court refrained from interfering with the current notice under Section 143(2) at that stage and closed the writ petition without imposing costs, emphasizing the importance of awaiting the final decision of the Settlement Commission in the petitioner's case. en-us Fri, 09 Aug 2019 00:00:00 +0530 Fri, 06 Dec 2019 15:00:12 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=389381 The Court reconsidered the petitioner's case in light of related proceedings before the Income Tax Settlement Commission involving a related party. Acknowledging the risk of double taxation, the Court opted to await the Settlement Commission's decision following a remand in the petitioner's case. The Court refrained from interfering with the current notice under Section 143(2) at that stage and closed the writ petition without imposing costs, emphasizing the importance of awaiting the final decision of the Settlement Commission in the petitioner's case. Case-Laws Income Tax Fri, 09 Aug 2019 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=389381