https://www.taxtmi.com/caselaws?id=787884 The note addresses the finality of an Income Tax Settlement Commission order, the requirement of full and true disclosure under Section 245C, compliance with procedure under Section 245D, and the conclusive effect of settlement under Section 245I. It also notes the Commission's limited power to rectify or treat a settlement as void for fraud or misrepresentation, and the narrow scope of judicial review confined to legality and procedural compliance. The text records that the High Court found the Commission had followed the statutory procedure, the settlement had attained finality, and writ relief under Articles 226/227 to reopen it was not maintainable; the Supreme Court dismissed the special leave petition. en-us Mon, 09 Mar 2026 00:00:00 +0530 Fri, 13 Mar 2026 08:36:45 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=787884 The note addresses the finality of an Income Tax Settlement Commission order, the requirement of full and true disclosure under Section 245C, compliance with procedure under Section 245D, and the conclusive effect of settlement under Section 245I. It also notes the Commission's limited power to rectify or treat a settlement as void for fraud or misrepresentation, and the narrow scope of judicial review confined to legality and procedural compliance. The text records that the High Court found the Commission had followed the statutory procedure, the settlement had attained finality, and writ relief under Articles 226/227 to reopen it was not maintainable; the Supreme Court dismissed the special leave petition. Case-Laws Income Tax Mon, 09 Mar 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=787884