2020 (3) TMI 886

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....ari And Mr. Justice R. Suresh Kumar For the Petitioner : Mr.N.Prasad For the Respondent : Mrs.Hema Muralikrishnan Senior Standing Counsel ORDER DR.VINEET KOTHARI, J. The Assessee M/s.Sultan Pillai & Sons has filed this writ petition aggrieved by the order dated 24.03.2004, by which the learned Income Tax Settlement Commission, in exercise of their powers under Section 245F(1) read with Sectio....

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...., impugned in the present writ petition, deserves to be interfered with in view of the law laid down by the Hon'ble Supreme Court in the case of "CIT -Vs- M.H.Ghaswala (2002) 1 SCC Page 633" and "Brij Lal -Vs- CIT (2011) 1 S.C.C.Page 1" . He has also relied upon a recent decision of the Hon'ble Supreme Court in the case of "Kakadia Builders (P) Ltd., -Vs- CIT" rendered on 05.03.2019 report....