https://www.taxtmi.com/caselaws?id=751848 Judicial review of a settlement order under Chapter XIX-A is confined to statutory illegality, violation of mandatory procedure or natural justice, and prejudice arising from such breach. The Court held that it cannot reappreciate evidence, reassess the sufficiency of seized material, or interfere merely because the Revenue disagrees with the Commission's factual findings on profit rate, cash loans, bogus purchases, section 14A disallowance, or immunity and penalty issues. As no specific contravention, bias, fraud, malice, or grave procedural defect was shown, the writ petition was not sustainable and the settlement order was left undisturbed. en-us Thu, 18 Apr 2024 00:00:00 +0530 Wed, 28 Aug 2024 13:06:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=751848 Judicial review of a settlement order under Chapter XIX-A is confined to statutory illegality, violation of mandatory procedure or natural justice, and prejudice arising from such breach. The Court held that it cannot reappreciate evidence, reassess the sufficiency of seized material, or interfere merely because the Revenue disagrees with the Commission's factual findings on profit rate, cash loans, bogus purchases, section 14A disallowance, or immunity and penalty issues. As no specific contravention, bias, fraud, malice, or grave procedural defect was shown, the writ petition was not sustainable and the settlement order was left undisturbed. Case-Laws Income Tax Thu, 18 Apr 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=751848