https://www.taxtmi.com/caselaws?id=297402 The court allowed the petitions challenging the Settlement Commission's summary rejection of applications under Section 245D(1) of the Income-tax Act. It held that the Commission erred in rejecting the applications based on flawed reasoning regarding the status of the applicants and the complexity of the investigation. The court quashed the Commission's orders, directing it to proceed with the applications for settlement under Section 245D(4) and to pass appropriate orders on the merits. The petitions were granted, and the Commission was instructed to follow the law in handling the applications. en-us Wed, 08 Jul 1992 00:00:00 +0530 Thu, 02 Sep 2021 18:20:23 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=297402 The court allowed the petitions challenging the Settlement Commission's summary rejection of applications under Section 245D(1) of the Income-tax Act. It held that the Commission erred in rejecting the applications based on flawed reasoning regarding the status of the applicants and the complexity of the investigation. The court quashed the Commission's orders, directing it to proceed with the applications for settlement under Section 245D(4) and to pass appropriate orders on the merits. The petitions were granted, and the Commission was instructed to follow the law in handling the applications. Case-Laws Income Tax Wed, 08 Jul 1992 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=297402