S. 245D : Settlement Commission – If Settlement Commission is unable to form a decisive opinion to give a definitive finding for rejection of settlement application after initial and preliminary hearing, proceeding to second stage, in which more in-depth scrutiny and verification takes place is the only option- Order of Settlement Commission rejecting the petition was set aside and directed to decide on merits. [S. 132, 245C(1), 245D(2)(C)]
R.T. Industries v. ITSC (2018) 98 taxmann.com 236 / 170 DTR 281 / 305 CTR 1 / 103 CCH 4 (Delhi)(HC)