https://www.taxtmi.com/caselaws?id=298314 Where Form 5 had already recorded full and final settlement of the disputed tax, the designated authority later issued a revised Form 3 treating the matter as a search case and cancelling the earlier forms. The Delhi High Court noted prima facie that, after issuing Form 5, the authority may have become functus officio and therefore may not have had power to alter the settled position through a revised Form 3. On that basis, the Court granted interim protection and stayed operation of the impugned Form 3 pending further proceedings. en-us Wed, 17 Mar 2021 00:00:00 +0530 Tue, 26 Oct 2021 08:58:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=298314 Where Form 5 had already recorded full and final settlement of the disputed tax, the designated authority later issued a revised Form 3 treating the matter as a search case and cancelling the earlier forms. The Delhi High Court noted prima facie that, after issuing Form 5, the authority may have become functus officio and therefore may not have had power to alter the settled position through a revised Form 3. On that basis, the Court granted interim protection and stayed operation of the impugned Form 3 pending further proceedings. Case-Laws Income Tax Wed, 17 Mar 2021 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=298314