2020 (8) TMI 479 - SCH - Income Tax

Income Tax Settlement Commission order u/s 245D(4) - undisclosed foreign income and assets - whether the Settlement Commission lacked the jurisdiction to decide the applications under section 245C? - HELD THAT - The counter affidavit be filed within a period of four weeks from today. Rejoinder affidavit be filed within a period of four weeks from the date of service of the counter affidavit on the petitioners. Counsel for the parties have agreed that the petition can be disposed of at this stage. In order to facilitate the Court in doing so, counsel shall file notes of their written submissions at least two weeks before the next date of listing. List the Special Leave Petition after eight weeks.

Summary

The Supreme Court of India issued an order for a Special Leave Petition. Notice was issued to the respondent, who agreed to it. Counter affidavit to be filed within four weeks, with a rejoinder affidavit to follow. The petition may be disposed of at the next listing after submission of written notes by both parties. The case is listed after eight weeks.