relevant time that alone would apply. Section 153(8)
and Section 245HA (4) would have no application whatsoever.
(viii) According to Section 245HA ... Section 153 , 153B of the Act. The
specified date in terms of 245HA (1) (i) is the date on which the application
is rejected under
submitted by Shri G. C. Sharma, Advocate, that the language of section 245HA(1) was significant and that, in view thereof, the assessment orders made ... submitted by him that, according to the language of section 245HA(1) , the Assessing Officer had to dispose of the case in accordance with
submitted by Shri G. C. Sharma, Advocate, that the language of section 245HA(1) was significant and that, in view thereof, the assessment orders made ... submitted by him that, according to the language of section 245HA(1) , the Assessing Officer had to dispose of the case in accordance with
Section 245D(2A), Section 245D(2D), Section 245D(4A) and Section 245HA(1) of the Income Tax Act, 1961 (for short the Act) be declared ... March, 2008 then the settlement application would abate on that date. [ Section 245HA(1) ].
(vi) The consequence of abatement of a settlement application in terms
June, 2007 and those that had been filed
thereafter. Under Section 245HA(1)(iv) of the Act if a final order under
Section 245D ... filed prior to 1st June, 2007 was 31st March, 2008.
Section 245HA deals with abatement of proceedings before the ITSC.
7. Since in the present
challenged the provisions of Sections 245D(2A) , 245D(2D) , 245D(4A) and 245HA(1) of the Income Tax Act, 1961 (the Act) as being arbitrary ... could be used by him against the Petitioners [ Section 245HA(3) ]. The procedure now laid down by the Finance Act, 2007 is neither just
proceeding would not abate in terms of the newly inserted Section 245HA(1)
of the Act. The revenue filed its report, under Rule
R.T. Industries & Ors vs Income Tax Settlement Commission & Anr. on 13 September
years and the Commission issued notice to the petitioner under s. 245HA(1) of the IT Act, 1961. The petitioner wanted the main petition ... petitioner, the Commission proceeded to issue the notice under s. 245HA(1) and passed the impugned order on 22nd December, 1989. The Commission set aside
Pr. Commissioner Of Income Tax -7 vs Wickwood Development Ltd. on 2 September, 2024
Author
