Standard Operating Procedure in relation to proceedings u/s 245D(2C)

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.... All Vice-Chairmen & Members, Income Tax Settlement Commission, Principal Bench & all Additional Benches New Delhi/Mumbai/Kolkata/Chennai Madan/Sir Sub : Standard Operating Procedure in relation to proceedings u/s 245D(2C) - reg. Section 245D(2B) lays down that, after the admission of a settlement application u/s 245D(1) of the Income Tax Act, 1961, the I....

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....ssion of the application and requesting it to be declared as invalid, b) The CIT submits the report within the time allowed but does not object to the admission of the application, c) The CIT submits the report after the expiry of the time allowed objecting to the admission of the application and requesting it to be declared as invalid. d) The CIT submits the report afte....