https://www.taxtmi.com/caselaws?id=32829 The court held that the petitioner cannot challenge the adjustment made under section 155 after settling the income-tax liability under the Kar Vivad Samadhan Scheme of 1998 for the year 1982-83. The court found that the petitioner had already discharged the balance tax liability and cannot seek reversal of the adjustment, even if the Scheme would have been more beneficial without it. The court dismissed the Original Petition, stating that the petitioner's claim fails due to the belated challenge raised after making payments based on the adjusted amount. en-us Fri, 14 Mar 2008 00:00:00 +0530 Sun, 05 Apr 2009 00:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=32829 The court held that the petitioner cannot challenge the adjustment made under section 155 after settling the income-tax liability under the Kar Vivad Samadhan Scheme of 1998 for the year 1982-83. The court found that the petitioner had already discharged the balance tax liability and cannot seek reversal of the adjustment, even if the Scheme would have been more beneficial without it. The court dismissed the Original Petition, stating that the petitioner's claim fails due to the belated challenge raised after making payments based on the adjusted amount. Case-Laws Income Tax Fri, 14 Mar 2008 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=32829