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Income Tax - Highlights / Catch Notes

Home Highlights April 2015 Year 2015 This

Settlement commission - Validity of Sections 245 HA(1)(iv) and ...


Supreme Court rules Sections 245 HA(1)(iv) and 245HA(3) of Income Tax Act unconstitutional, impacting Settlement Commission timelines.

April 1, 2015

Case Laws     Income Tax     SC

Settlement commission - Validity of Sections 245 HA(1)(iv) and 245HA(3) of the Income Tax Act, 1961, as amended by Finance Act, 2007 challenged - Time limits were set for completion of a particular stage of the proceedings - the amendment was unconstitutional - SC

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