TMI Blog2017 (8) TMI 1136X X X X Extracts X X X X X X X X Extracts X X X X ..... at:- The regular assessment procedure has been undertaken by the Assessing Authorities and against the orders passed by the Assessing Authorities, the petitioner has already availed his appellate remedy in accordance with the provisions of the said Act, the challenge to the order passed by the Settlement Commission, rejecting the Application under Section 245-C of the Act, at the threshold on the ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s filed these petitions challenging the order passed by the Income Tax Settlement Commission, Chennai ( Settlement Commission for short), on 03/02/2015, Annexure F by which the learned Settlement Commission held that the Applicant could not explain the details of Additional Income offered for settlement and the manner of earning the same and therefore the Settlement Application filed by the Appli ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... e learned counsel for the petitioner that for these Assessment Years, viz. 2007-08 to 2011-12, the Regular Assessment orders have been passed in the meanwhile against the petitioner by the regular Assessing Authorities against which the petitioner has availed the regular remedy by way of an appeal before the learned Commissioner of Income Tax (Appeals) and the said appeals are said to be still pen ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... restored back to the Settlement Commission at this stage to hear the merits of the settlement proposals given in the Application by the petitioner assessee, at that time. 6. The alternative to the above is to direct the Appellate Authority of the Income Tax Department namely Commissioner of Income Tax (Appeals), where the appeal filed by the petitioner is said to be pending, to dispose of the ..... X X X X Extracts X X X X X X X X Extracts X X X X
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