Introducing the “In Favour Of” filter in Case Laws.
- ⚖️ Instantly identify judgments decided in favour of the Assessee, Revenue, or Appellant
- 🔍 Narrow down results with higher precision
Try it now in Case Laws →
TaxTMI Login
🚀 New Feature Launched ✕
Just a moment...
Introducing the “In Favour Of” filter in Case Laws.
Try it now in Case Laws →
By creating an account you can:
Press 'Enter' to add multiple search terms. Rules for Better Search
of 
of 
No Folders have been created
Are you sure you want to delete "My most important" ?
NOTE:
of of 
All TMI Notes
of of All TMI Notes
Note
Bookmark
Share
Don't have an account? Register Here
of <h1>Income-tax Settlement Commission Ends Feb 1, 2021; Interim Boards to Handle Pending Cases u/s 245C.</h1> The Income-tax Settlement Commission (ITSC) is proposed to be discontinued as of February 1, 2021, with pending cases to be handled by newly established Interim Boards for Settlement. Applications filed under section 245C before this date will be considered pending unless declared invalid. The Interim Boards, consisting of three Chief Commissioner-ranked officers, will assume ITSC's powers for pending cases, including provisional attachment and jurisdiction. Assessees may withdraw applications within three months of the Finance Act, 2021's commencement. If not withdrawn, applications are transferred to the Interim Board. The government may implement a scheme to enhance efficiency and transparency in settlements.
TaxTMI 
TaxTMI 