https://www.taxtmi.com/caselaws?id=449744 The SC dismissed the civil appeals, affirming the HC's decision and the Settlement Commission's orders, finding no deliberate attempt by the respondent-assessees to suppress or conceal material information. The Court held that there was faithful compliance with Section 245-C of the Income Tax Act, 1961, as interpreted in the Ajmera Housing Corporation case. All pending applications related to the case were also disposed of, providing clarity on compliance requirements under the Income Tax Act. en-us Tue, 13 Feb 2024 00:00:00 +0530 Mon, 25 May 2026 10:41:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=449744 The SC dismissed the civil appeals, affirming the HC's decision and the Settlement Commission's orders, finding no deliberate attempt by the respondent-assessees to suppress or conceal material information. The Court held that there was faithful compliance with Section 245-C of the Income Tax Act, 1961, as interpreted in the Ajmera Housing Corporation case. All pending applications related to the case were also disposed of, providing clarity on compliance requirements under the Income Tax Act. Case-Laws Income Tax Tue, 13 Feb 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=449744