Forgot password
New User/ Regiser
⇒ Register to get Live Demo
1979 (5) TMI 4 - SC - Income Tax
Plea of estoppel is overruled which has found favour with the Commission and hold that the objection raised by the CIT is a potent interdict on the jurisdiction of the Commission - commissioner has statutory power u/s 245D(1) to object to the settlement on the presence of grave deviances - Settlement Commission should be inhibited from proceeding with the application of the assessee and the appeals by the assessee before the I.T.A.T. must be revived and disposed of expeditiously