https://www.taxtmi.com/article/detailed?id=9608 The core issue is whether an assessment proceeding ceases to be pending for settlement purposes when the assessment order is passed or only when it is served. Explanation (iiia) and amended CBDT guidance indicate completion on the date the assessment is made, supporting the departmental view that passing the order ousts pendency. However, several High Courts treat service as the decisive event, producing a conflict in authorities and practical uncertainty for taxpayers seeking to file settlement applications. en-us Thu, 31 Dec 2020 13:43:08 +0530 Thu, 31 Dec 2020 13:43:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/article/detailed?id=9608 The core issue is whether an assessment proceeding ceases to be pending for settlement purposes when the assessment order is passed or only when it is served. Explanation (iiia) and amended CBDT guidance indicate completion on the date the assessment is made, supporting the departmental view that passing the order ousts pendency. However, several High Courts treat service as the decisive event, producing a conflict in authorities and practical uncertainty for taxpayers seeking to file settlement applications. Articles Income Tax Thu, 31 Dec 2020 13:43:08 +0530 https://www.taxtmi.com/article/detailed?id=9608