https://www.taxtmi.com/caselaws?id=449074 Gujarat HC held that settlement applications filed after 31.01.2021 remain eligible for consideration by the Interim Board despite assessment orders being passed during the interregnum period. The court ruled that once a settlement application is pending before the Settlement Commission/Interim Board, the Income Tax authority loses jurisdiction to proceed with assessment proceedings under section 245F(2). Assessment orders passed by the respondent in July 2021 for assessment years 2013-14 to 2019-20 were declared non-est and quashed. The Interim Board's rejection order was also set aside, and the matter was remanded for fresh consideration on merits. en-us Wed, 10 Jan 2024 00:00:00 +0530 Wed, 03 Jun 2026 09:55:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449074 Gujarat HC held that settlement applications filed after 31.01.2021 remain eligible for consideration by the Interim Board despite assessment orders being passed during the interregnum period. The court ruled that once a settlement application is pending before the Settlement Commission/Interim Board, the Income Tax authority loses jurisdiction to proceed with assessment proceedings under section 245F(2). Assessment orders passed by the respondent in July 2021 for assessment years 2013-14 to 2019-20 were declared non-est and quashed. The Interim Board's rejection order was also set aside, and the matter was remanded for fresh consideration on merits. Case-Laws Income Tax Wed, 10 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449074