https://www.taxtmi.com/caselaws?id=406856 The court upheld the Settlement Commission's decision to reject the petitioner's application under Section 245(D)(4) of the Income Tax Act. The court found that the petitioner failed to make full and true disclosure, leading to the rejection of the application for settlement. Emphasizing the limited jurisdiction of the court in reviewing Settlement Commission decisions, the court dismissed the writ petition, noting the importance of meeting statutory requirements for settlement applications. Additionally, the court highlighted the abolition of the Settlement Commission, rendering the petition moot. en-us Sat, 17 Apr 2021 00:00:00 +0530 Sat, 24 Apr 2021 09:38:13 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=406856 The court upheld the Settlement Commission's decision to reject the petitioner's application under Section 245(D)(4) of the Income Tax Act. The court found that the petitioner failed to make full and true disclosure, leading to the rejection of the application for settlement. Emphasizing the limited jurisdiction of the court in reviewing Settlement Commission decisions, the court dismissed the writ petition, noting the importance of meeting statutory requirements for settlement applications. Additionally, the court highlighted the abolition of the Settlement Commission, rendering the petition moot. Case-Laws Income Tax Sat, 17 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=406856