https://www.taxtmi.com/caselaws?id=32683 The court dismissed multiple writ petitions challenging the validity of applications under section 245C of the Income-tax Act, finding no merit in the Revenue's arguments. However, in one specific case, the court set aside the Settlement Commission's order and directed the rejection of the application due to a lack of full and true disclosure of income as required by the Act. The court underscored the importance of ensuring that applications meet the statutory requirement of disclosing previously undisclosed income before the Assessing Officer. en-us Mon, 10 Dec 2007 00:00:00 +0530 Sat, 21 Mar 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32683 The court dismissed multiple writ petitions challenging the validity of applications under section 245C of the Income-tax Act, finding no merit in the Revenue's arguments. However, in one specific case, the court set aside the Settlement Commission's order and directed the rejection of the application due to a lack of full and true disclosure of income as required by the Act. The court underscored the importance of ensuring that applications meet the statutory requirement of disclosing previously undisclosed income before the Assessing Officer. Case-Laws Income Tax Mon, 10 Dec 2007 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32683