2019 (3) TMI 1576

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.... a/w Mr.Hitesh Jain a/w Mr.Rupesh Geete i/b. Parinam Law Associates, Advocate for Petitioner. * Mr.Charanjeet Chanderpal, Advocate for Respondent.   P.C. : 1. These Petitions arise out of similar background. The Petitioners have challenged the order of the Settlement Commission dated 31/05/2016 as also the demand letter issued by the Assessing Officer on 11/03/2019 asking the Petitioners t....

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.... of settlement Commission. 4. The central issues to be decided in these Petitions are: (i) Whether the application for settlement can be rejected in relation to certain assessment years where no additional income is disclosed, though, in the composite application for settlement, assessee has disclosed adequate undisclosed income. (ii) Can the settlement commission entertain such an objection wh....

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....l disposal. 6. The issues arising the Petitions would require a detail consideration. 7. Prima facie, when it is shown that earlier the judgment of Settlement Commission by five Judges Bench and (even after the certain legislative changes were made in the Act pertaining to settlement of the case), later on seven Judges Bench of the Settlement Commission has held that the splitting of a declarati....