1996 (5) TMI 436

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....DGMENT Patel, Special Civil Application Nos. 10200 of 1995 and 10201 of 1995 are preferred against the order of rejection passed by the Settlement Commission under section 245D(1) of the Income-tax Act, 1961 ('the Act') whereas Special Civil Application Nos. 10202 of 1995 and 10203 of 1995 are preferred against order of rejection passed by the Settlement Commission under section 22D(....

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....only includible income. It is averred in the petition that during the course of hearing, it was stated that out of the income of the trust so disclosed, proportionate shares of the two minors, without any objection from them, can also be taxed. It is averred in the petition that when the members of the family made applications to the Settlement Commission, these two minors were not eligible to mak....

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....from interest, penalty and prosecution in identical manner as is given in case of other major beneficiaries. The Settlement Commission, after receipt of a report from the Commissioner under section 245D(1), passed an order on 26-9-1995 rejecting the application of the petitioner at the very admission stage. Copy of the order is produced at Annexure 'E' to this petition. Similar orders are ....