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[Cites 0, Cited by 68] [Section 245D] [Entire Act]

Union of India - Subsection

Section 245D(3) in The Income Tax Act, 1961

(3)The Settlement Commission, in respect of—
(i)an application which has not been declared invalid under sub-section (2C); or
(ii)an application referred to in sub-section (2D) which has been allowed to be further proceeded with under that sub-section,
may call for the records from the Principal Commissioner or Commissioner and after examination of such records, if the Settlement Commission is of the opinion that any further enquiry or investigation in the matter is necessary, it may direct the Principal Commissioner or Commissioner to make or cause to be made such further enquiry or investigation and furnish a report on the matters covered by the application and any other matter relating to the case, and the Principal Commissioner or Commissioner shall furnish the report within a period of ninety days of the receipt of communication from the Settlement Commission:Provided that where the Principal Commissioner or Commissioner does not furnish the report within the aforesaid period, the Settlement Commission may proceed to pass an order under sub-section (4) without such report.