Friday, May 10, 2019

SetCom cannot give retrospective effect to order invalidating settlement application

IT: In terms of section 245D(2C) Settlement Commission can declare an application for settlement invalid, but such order has to be passed within prescribed time and under no circumstances, Settlement Commission can give retrospective effect to order invalidating settlement application of assessee

from www.taxmann.com Latest Case Laws http://bit.ly/2WvXzHG
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