Provisions u/s 245B of Income - Tax Act, 1961.

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..... hall call for a report from the Commissioner, and on the basis of the materials contained in the Commissioner's report, and having regard to the nature and circumstances of the case, or the complexity of the investigation involved therein, the Commission may allow the application to be proceeded with or reject it. The second proviso to that sub-section provides further that the commission shall no .....

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..... application by the Settlement Commission. If after the hearing, the commissioner is of the view that the admission of the application should be objected to, he should record his reasons for his objection, which need not, however, be communicated to the applicant. While intimating his objection to the settlement commission, the commissioner may mention that he has heard the applicant in this conne .....

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