2018 (2) TMI 2017 - SCH - Income Tax

Application for settlement of the case by the Settlement Commission - For the purpose of application under section 245C(1) of the Act, a case would be pending only as long as the order of assessment is not passed. Once the assessment is made by the Assessing Officer by passing the order of assessment, the case can no longer be stated to be pending. Application for settlement would be maintainable only if filed before the said date - HELD THAT - Leave granted.

Summary

The Supreme Court of India granted leave in the case. The citation is 2018 (2) TMI 2017 - SC Order. Justices Mr. Rohinton Fali Nariman and Mr. Navin Sinha were involved. Petitioner(s) were represented by Mr. Vishnu Sharma, Ms. Anupama Sharma, and Ms. Sonali Negi. Respondent(s) were represented by Mr. Om Prakash Shukla, Mrs. Anil Katiyar, and Mr. Arijit Prasad.