https://www.taxtmi.com/caselaws?id=407098 The High Court dismissed the writ petition challenging the rejection of the application by the Settlement Commission under Section 245D(4) of the Income Tax Act. The Court found that the Commission's decision was valid as it determined there was no true and full disclosure of income by the petitioner. Allegations of malafide against the investigating Authority were dismissed for lack of evidence and proper impleadment. The Court emphasized the necessity of true and full disclosure for applicants and upheld the Settlement Commission's procedural adherence. The Court clarified that Article 226 jurisdiction does not extend to adjudicating disputed facts, affirming the Commission's findings and closing the case. en-us Sat, 17 Apr 2021 00:00:00 +0530 Fri, 30 Apr 2021 08:25:20 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=407098 The High Court dismissed the writ petition challenging the rejection of the application by the Settlement Commission under Section 245D(4) of the Income Tax Act. The Court found that the Commission's decision was valid as it determined there was no true and full disclosure of income by the petitioner. Allegations of malafide against the investigating Authority were dismissed for lack of evidence and proper impleadment. The Court emphasized the necessity of true and full disclosure for applicants and upheld the Settlement Commission's procedural adherence. The Court clarified that Article 226 jurisdiction does not extend to adjudicating disputed facts, affirming the Commission's findings and closing the case. Case-Laws Income Tax Sat, 17 Apr 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=407098