https://www.taxtmi.com/caselaws?id=776732 Section 245HA applies only when a settlement application is rejected without terms of settlement; only then do appellate proceedings revive. The Revenue's view that an assessee must abandon the challenge to the assessment on merits if settlement fails was rejected as misconceived. In the stated facts, the Tribunal was justified in condoning delay, setting aside the CIT(A)'s order and restoring the first appeal, while the appellate authority was directed to keep the proceedings in abeyance until the Settlement Commission decides the application. en-us Tue, 12 Aug 2025 00:00:00 +0530 Wed, 13 Aug 2025 14:24:59 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=776732 Section 245HA applies only when a settlement application is rejected without terms of settlement; only then do appellate proceedings revive. The Revenue's view that an assessee must abandon the challenge to the assessment on merits if settlement fails was rejected as misconceived. In the stated facts, the Tribunal was justified in condoning delay, setting aside the CIT(A)'s order and restoring the first appeal, while the appellate authority was directed to keep the proceedings in abeyance until the Settlement Commission decides the application. Case-Laws Income Tax Tue, 12 Aug 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=776732