2009 (2) TMI 740 - SCH - Income Tax

Admission of application u/s 245D - Held that - Since this Special Leave Petition is filed only against the order of the Settlement Commission admitting the application of the assessee under section 245D no interference at this stage required. As on the point of maintainability of the Application, it would be open to the Department to raise the contention before the Settlement Commission who would be entitled to examine that question at the final hearing of the matter.

Summary

The Supreme Court of India in 2009 (2) TMI 740 - SC Order, condoned the delay and disposed of the Special Leave Petition filed against the decision of the Settlement Commission admitting the application of the assessee under section 245D of the Income-tax Act, 1961. The Court did not interfere at that stage but allowed the Department to raise contentions on maintainability before the Settlement Commission during the final hearing.