2026 (1) TMI 374

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....Bagchi, Sr. Adv., Mr. Padmesh Mishra, Adv., Mr. B K Satija, Adv., Mr. Digvijay Dam, Adv., Mr. Gopi Chand, Adv., Dr. Arun Kumar Yadav, Adv., Mr. Rajat Vaishnaw, Adv., Mr. Mudit Bansal, Adv., Mr. Abhyudey Kabra, Adv., Mr. Raj Bahadur Yadav, AOR For the Respondent(s): None.   ORDER 1. Delay condoned. Accordingly, I.A. Nos. 336205/2025 and 327815/2025 are allowed. 2. It is brought to ....

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....e must give up his right to contest the assessment order on merits, if the settlement application is rejected without providing for terms of settlement, is misconceived and must be rejected. In the peculiar facts of the case the Income Tax Appellate Tribunal was justified in condoning the delay, as well as setting aside the order of the Commissioner of Income Tax (Appeals) and restoring t....