https://www.taxtmi.com/caselaws?id=457057 Denial of cross-examination and late production of additional material created a real procedural objection in Settlement Commission proceedings, but the challenge did not invalidate the entire order because the rejection also rested on independent factual findings. The Commission had separately found, in relation to commodity-trading transactions, a lack of evidence on actual trade, quantum, and capital employed; those findings were treated as within the limited scope of judicial review. The rejection of the settlement application was therefore upheld, while directions issued to the Assessing Officer were deleted as exceeding the Commission's proper remit. en-us Thu, 11 Aug 2016 00:00:00 +0530 Tue, 03 Sep 2024 22:33:52 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=457057 Denial of cross-examination and late production of additional material created a real procedural objection in Settlement Commission proceedings, but the challenge did not invalidate the entire order because the rejection also rested on independent factual findings. The Commission had separately found, in relation to commodity-trading transactions, a lack of evidence on actual trade, quantum, and capital employed; those findings were treated as within the limited scope of judicial review. The rejection of the settlement application was therefore upheld, while directions issued to the Assessing Officer were deleted as exceeding the Commission's proper remit. Case-Laws Income Tax Thu, 11 Aug 2016 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=457057