https://www.taxtmi.com/caselaws?id=446220 HC held that the Finance Act, 2021's retroactive abolition of the ITSC could not extinguish vested rights to file settlement applications for the interregnum 01.02.2021-31.03.2021. Section 245C(5) was read down so the last date for filing is 31.03.2021, and paragraph 4(i) of the 28.09.2021 circular is read accordingly. Applications arising between 01.02.2021 and 31.03.2021 are deemed pending and any rejections for want of eligibility as of 31.01.2021 are set aside; such applications shall be considered by the Interim Board in accordance with the scheme and law. en-us Fri, 17 Nov 2023 00:00:00 +0530 Sat, 18 Oct 2025 12:19:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=446220 HC held that the Finance Act, 2021's retroactive abolition of the ITSC could not extinguish vested rights to file settlement applications for the interregnum 01.02.2021-31.03.2021. Section 245C(5) was read down so the last date for filing is 31.03.2021, and paragraph 4(i) of the 28.09.2021 circular is read accordingly. Applications arising between 01.02.2021 and 31.03.2021 are deemed pending and any rejections for want of eligibility as of 31.01.2021 are set aside; such applications shall be considered by the Interim Board in accordance with the scheme and law. Case-Laws Income Tax Fri, 17 Nov 2023 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=446220