https://www.taxtmi.com/caselaws?id=424883 The High Court set aside the Settlement Commission's rejection of the appellant's application under Section 245D(4) of the Income Tax Act, citing violations of natural justice and procedural requirements. The Court directed the matter to the Interim Board for Settlement, instructing a decision within six weeks while emphasizing adherence to due process. Additionally, the Court clarified that pending appeals do not bar settlement applications, restoring the status quo ante and highlighting the ineffectiveness of assessment orders during writ petition pendency. Attachment proceedings were deemed infructuous due to the lapse of the provisional attachment period. en-us Mon, 27 Jun 2022 00:00:00 +0530 Mon, 11 Jul 2022 09:04:49 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=424883 The High Court set aside the Settlement Commission's rejection of the appellant's application under Section 245D(4) of the Income Tax Act, citing violations of natural justice and procedural requirements. The Court directed the matter to the Interim Board for Settlement, instructing a decision within six weeks while emphasizing adherence to due process. Additionally, the Court clarified that pending appeals do not bar settlement applications, restoring the status quo ante and highlighting the ineffectiveness of assessment orders during writ petition pendency. Attachment proceedings were deemed infructuous due to the lapse of the provisional attachment period. Case-Laws Income Tax Mon, 27 Jun 2022 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=424883