https://www.taxtmi.com/caselaws?id=771443 The SC examined the validity of Section 245HA(1)(iv) of the Income Tax Act, focusing on automatic abatement of Settlement Commission applications. The Court held that the cut-off date was arbitrary and read down the provision to limit abatement only to delays attributable to applicants. The HC's order was set aside, and the matter was remanded to the Settlement Commission for fresh consideration, ensuring procedural fairness and opportunity for the applicants to present their case. en-us Wed, 19 Mar 2025 00:00:00 +0530 Mon, 26 May 2025 08:52:04 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=771443 The SC examined the validity of Section 245HA(1)(iv) of the Income Tax Act, focusing on automatic abatement of Settlement Commission applications. The Court held that the cut-off date was arbitrary and read down the provision to limit abatement only to delays attributable to applicants. The HC's order was set aside, and the matter was remanded to the Settlement Commission for fresh consideration, ensuring procedural fairness and opportunity for the applicants to present their case. Case-Laws Income Tax Wed, 19 Mar 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=771443