Clause 280 - Revival of proceedings before Assessing Officer. - Direct Taxes Code, 2010

Revival of proceedings before Assessing Officer. 280. (1) The order passed by the Settlement Commission under sub-section (1) of section 277 shall be void if it is subsequently found by the Settlement Commission that it has been obtained by fraud or misrepresentation of facts. (2) If the order becomes void,— (a) the proceedings before the Assessing Officer with respect to the matters covered by the settlement shall be deemed to have been revived from the stage at which the application was admitted by the Settlement Commission; and (b) the Assessing Officer may complete such proceedings at any time before the expiry of twenty-one months from the end of the financial year in which the order becomes void.