https://www.taxtmi.com/caselaws?id=750764 Gujarat HC directed the Interim Board of Settlement to pass an order under section 245D(4) of the Income Tax Act accepting the petitioners' application as settled. The Settlement Commission had pronounced settlement terms on 28.01.2021 granting immunity from interest and penalty, but failed to reduce the decision to writing. Despite respondent's denial based on case diary notings, the court relied on the Vice President and Member's affidavit confirming the settlement was pronounced and concluded. Following Supreme Court precedent in Vinod Kumar Singh case, the petition was allowed directing formal written order reflecting the pronounced settlement terms. en-us Thu, 21 Mar 2024 00:00:00 +0530 Wed, 09 Jul 2025 15:36:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=750764 Gujarat HC directed the Interim Board of Settlement to pass an order under section 245D(4) of the Income Tax Act accepting the petitioners' application as settled. The Settlement Commission had pronounced settlement terms on 28.01.2021 granting immunity from interest and penalty, but failed to reduce the decision to writing. Despite respondent's denial based on case diary notings, the court relied on the Vice President and Member's affidavit confirming the settlement was pronounced and concluded. Following Supreme Court precedent in Vinod Kumar Singh case, the petition was allowed directing formal written order reflecting the pronounced settlement terms. Case-Laws Income Tax Thu, 21 Mar 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=750764