1994 (9) TMI 15 - HC - Income Tax

Summary

The High Court upheld the decision of the Income-tax Settlement Commission to reject the settlement application filed by the petitioner under section 245C of the Income-tax Act, 1961. The Court found the Commission's reasons for rejection to be valid and dismissed the writ petition challenging the decision. The petitioner was advised to challenge the issues through the pending appeal before the appellate authority.