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2017 (8) TMI 127 - HC - Income TaxIncome-tax Settlement Commission under section 245D(2C) - Held that:- Order of the Income-tax Settlement Commission according to a different treatment to the four petitioners does not appear to be justified in the facts and circumstances of the case. If allowed to stand, the impugned order might defeat the very purpose of the companies of the Bindal group applying to the Income-tax Settlement Commission for an early settlement of disputes. The court is unable to sustain the impugned order dated May 13, 2016, passed by the Income-tax Settlement Commission declining the prayers of the petitioners that their applications before the Income-tax Settlement Commission should be proceeded in accordance with law. While setting aside the impugned orders, the court directs that the applications of the four petitioners would be entertained and proceeded with by the Income-tax Settlement Commission on the same basis as the six other companies in the Bindal group. The petitioners' applications shall be permitted to be proceeded with. The writ petitions are allowed and the applications are disposed of in the above terms but, in the circumstances of the case, with no orders as to costs. The applications of the four petitioners will now be listed before the Income-tax Settlement Commission along with the applications of the six other companies constituting the Bindal group on the date that the Income-tax Settlement Commission may have fixed for further consideration of all the applications of the other six companies.
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