https://www.taxtmi.com/caselaws?id=463767 Settlement under the Kar Vivad Samadhan Scheme, 1998 gave conclusive finality to the tax arrears covered by the declaration, and barred further proceedings on the same assessment except where false material particulars were disclosed. Continued scrutiny and assessment proceedings under the Income-tax Act after issuance of the settlement certificate were therefore impermissible and had to be quashed. For the same reason, the revisional order under section 264 could not survive once the underlying assessment stood covered by the scheme, and it too was liable to be set aside. en-us Thu, 11 Jan 2024 00:00:00 +0530 Tue, 16 Sep 2025 00:39:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=463767 Settlement under the Kar Vivad Samadhan Scheme, 1998 gave conclusive finality to the tax arrears covered by the declaration, and barred further proceedings on the same assessment except where false material particulars were disclosed. Continued scrutiny and assessment proceedings under the Income-tax Act after issuance of the settlement certificate were therefore impermissible and had to be quashed. For the same reason, the revisional order under section 264 could not survive once the underlying assessment stood covered by the scheme, and it too was liable to be set aside. Case-Laws Income Tax Thu, 11 Jan 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=463767