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2014 (3) TMI 581 - HC - Income TaxValidity of order of settlement commission – Power of the settlement commission for rectification - Held that:- The Commission Settlement modified its direction with respect to charging of interest exercising powers of rectification – The decision in Brij Lal and others v. Commissioner of Income tax [2010 (10) TMI 8 - SUPREME COURT] followed - the Settlement Commission had no power of rectification – the order is required to be set aside - In any case, application for rectification was not maintainable as the statute stood at the relevant time - Decided in favour of Assessee.
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