https://www.taxtmi.com/highlights?id=95782 Where an assessee obtained a certificate under the Direct Tax Dispute Resolution Scheme, 2016, the settlement order under s. 204(1) was held conclusive under s. 204(3), barring reopening of matters covered by it under the Act. Consequently, immunity from penalty proceedings operated generally, making it immaterial whether penalty would otherwise fall under s. 271AAB or s. 271AB. A revision initiated on audit objection to direct a de novo penalty order on the premise of applying a different penalty provision was unsustainable, and no substantial question of law arose. - HC en-us Tue, 06 Jan 2026 21:53:03 +0530 Tue, 06 Jan 2026 21:53:02 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=95782 Where an assessee obtained a certificate under the Direct Tax Dispute Resolution Scheme, 2016, the settlement order under s. 204(1) was held conclusive under s. 204(3), barring reopening of matters covered by it under the Act. Consequently, immunity from penalty proceedings operated generally, making it immaterial whether penalty would otherwise fall under s. 271AAB or s. 271AB. A revision initiated on audit objection to direct a de novo penalty order on the premise of applying a different penalty provision was unsustainable, and no substantial question of law arose. - HC Highlights Income Tax Tue, 06 Jan 2026 21:53:03 +0530 https://www.taxtmi.com/highlights?id=95782