2014 (2) TMI 125

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..... ri Rajesh Katoch, Advocate JUDGMENT Rajive Bhalla J.- The petitioner challenges the order dated July 31, 2012, passed by the Income-tax Settlement Commission. Counsel for petitioner submits that the only point that arises for con- sideration is whether after conclusion of arguments in proceedings before the Settlement Commission, the statement made and affidavit sworn by Sandip Singh could b .....

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..... ounsel for the Revenue submits that though the petitioner may not be entirely incorrect on facts but as the order passed by the Settlement Com- mission is in the nature of a concession granted to an assessee, the Set- tlement Commission was well within its rights to consider the statement made and affidavit sworn by Sandip Singh. The petitioner has not placed any material, before this court, to ra .....

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..... m of adjudication for us to dilate upon, except to the extent that where an order is passed in violation of the principles of natural justice and serious prejudice is caused to an assessee, such an order cannot stand the test of judicial scrutiny and must fall on the touchstone of violation of the prin- ciples of natural justice. Admittedly, the Settlement Commission received a statement made and .....

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