https://www.taxtmi.com/caselaws?id=25510 Once a settlement application is allowed to proceed under Chapter XIX-A, the Settlement Commission assumes exclusive jurisdiction until the final order under section 245D(4). Where the Commission records that concealment of income is not established or is not likely to be established, the factual basis for a parallel prosecution under the Income-tax Act or the IPC falls away. The pendency of the final settlement order does not, by itself, preserve a criminal complaint founded on the same allegations, and the prosecution cannot continue on the existing material. On that reasoning, the summoning order and complaint were unsustainable. en-us Wed, 19 Nov 1986 00:00:00 +0530 Fri, 29 Jan 2010 11:36:21 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=25510 Once a settlement application is allowed to proceed under Chapter XIX-A, the Settlement Commission assumes exclusive jurisdiction until the final order under section 245D(4). Where the Commission records that concealment of income is not established or is not likely to be established, the factual basis for a parallel prosecution under the Income-tax Act or the IPC falls away. The pendency of the final settlement order does not, by itself, preserve a criminal complaint founded on the same allegations, and the prosecution cannot continue on the existing material. On that reasoning, the summoning order and complaint were unsustainable. Case-Laws Income Tax Wed, 19 Nov 1986 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=25510