S. 245D : Settlement Commission-Jurisdiction-Power-Search and seizure-Order of penalty consequential to search-Assessment and penalty are part of same proceedings-Levy of penalty by the Assessing Officer is held to be not valid-Order levying the penalty was quashed. [S. 132, 133A, 153A, 245A(b), 245C, 269ST, 271DA Art. 226]
Tahiliani Design Pvt. Ltd. v. JCIT (2021) 432 ITR 134 / 201 DTR 409 / 320 CTR 846 / 280 Taxman 11 (Delhi) (HC)