Authorities Holding Public Auctions Must Disclose All Known Encumbrances and Related Litigation  ||  SC: Compensatory Allowances Must Be Included While Computing Overtime Wages U/S 59 of Factories Act  ||  SC: NGT Has No Jurisdiction to Decide Disputes Relating to Building Plan Violations  ||  SC: Evidence is Often Fabricated Using AI And False Allegations are Rampant in Matrimonial Cases  ||  SC: While Declining to Quash an FIR, A High Court Should Not Direct Police To Follow Section 41A CrPC  ||  Allahabad High Court: Recruitment Rules Cannot Override Compassionate Appointments  ||  Rajasthan HC: Single Blunt Blow Causing Grievous Injury is Not Attempt to Murder Without Intent  ||  Karnataka High Court Holds Mining Leases Granted in Violation of Rule 22-D are Void Ab Initio  ||  Supreme Court: Wait-Listed Candidates Have No Vested Right After List Expiry  ||  SC: Reserved Candidates Scoring Above General Cut-Off Must be Considered For Open Posts    

Madras HC: ITSC Cannot Force Income Tax Dept to Settle Disputes with Assessees - (26 Apr 2021)

DIRECT TAXATION

Madras High Court has ruled that Income Tax Settlement Commission (ITSC) cannot force the Income Tax Department to settle disputes with assessees if the latter have not disclosed full and true income during any stage of the assessment proceedings. The Court has held that the disclosure of full and true income is a sine qua non for a settlement and the Department should be satisfied of it before arriving at a settlement.

Tags : MADRAS HIGH COURT   INCOME TAX SETTLEMENT COMMISSION  

Share :        

Disclaimer | Copyright 2026 - All Rights Reserved