https://www.taxtmi.com/caselaws?id=790642 Challenges were raised to the rejection of settlement applications before the Interim Board following amendments made by the Finance Act, 2021 and the CBDT's eligibility cut-off for applications under the Income-tax Act. The Kerala High Court had held that the additional cut-off was ultra vires and that applications filed by assessees with live notices under Sections 153A and 153C within the relevant period had to be considered on merits. The Supreme Court, noting that similar petitions had already been dismissed, declined to interfere in the matter and left the question of law open for an appropriate case. en-us Fri, 24 Apr 2026 00:00:00 +0530 Tue, 28 Apr 2026 07:29:30 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=790642 Challenges were raised to the rejection of settlement applications before the Interim Board following amendments made by the Finance Act, 2021 and the CBDT's eligibility cut-off for applications under the Income-tax Act. The Kerala High Court had held that the additional cut-off was ultra vires and that applications filed by assessees with live notices under Sections 153A and 153C within the relevant period had to be considered on merits. The Supreme Court, noting that similar petitions had already been dismissed, declined to interfere in the matter and left the question of law open for an appropriate case. Case-Laws Income Tax Fri, 24 Apr 2026 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=790642