https://www.taxtmi.com/caselaws?id=419184 The Court held that the Assessing Officer lacked jurisdiction to issue a show cause notice during Settlement Commission proceedings under Section 245C of the Income Tax Act. The Court emphasized the exclusive jurisdiction of the Settlement Commission once an application under Section 245C is allowed to proceed. As the notice was issued improperly, the Court allowed the writ application, quashed the notice, and directed the Assessing Officer to proceed in accordance with the law after the Settlement Commission proceedings concluded. The judgment underscored the importance of adhering to statutory provisions governing the jurisdiction of the Settlement Commission and Assessing Officers in income tax matters. en-us Tue, 15 Feb 2022 00:00:00 +0530 Fri, 04 Mar 2022 08:59:25 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=419184 The Court held that the Assessing Officer lacked jurisdiction to issue a show cause notice during Settlement Commission proceedings under Section 245C of the Income Tax Act. The Court emphasized the exclusive jurisdiction of the Settlement Commission once an application under Section 245C is allowed to proceed. As the notice was issued improperly, the Court allowed the writ application, quashed the notice, and directed the Assessing Officer to proceed in accordance with the law after the Settlement Commission proceedings concluded. The judgment underscored the importance of adhering to statutory provisions governing the jurisdiction of the Settlement Commission and Assessing Officers in income tax matters. Case-Laws Income Tax Tue, 15 Feb 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=419184