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2005 (9) TMI 362 - SC - Income TaxWhether the department was right in rejecting the Kar Vivad Samadhan Scheme declarations filed by the respondent-assessee on the ground that the assessments had become final in the year 1992-93 (when the assessee’s appeals were dismissed for failure to pre-deposit self-assessed tax) and that the respondent herein had filed revisions under the Income Tax Act and Wealth Tax Act in November/December, 1998 only to obtain the benefit of Kar Vivad Samadhan Scheme, 1998, which came into force w.e.f. 1-9-1998? Held that:- Appeal dismissed. The object behind Section 95(i)(c) in putting on par appeals, references and revisions was to put an end to litigation in various forms and at various stages under the I.T. Act/Wealth Tax Act and, therefore, the rulings on the scope of appeals and revisions under the I.T. Act or on Voluntary Disclosure Scheme, will not apply to this case. Orders of the designated authority rejecting the declarations filed by the assessee are quashed. We do not find any No infirmity, to this extent, in the impugned judgment of the High Court.
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