Thursday, March 14, 2019

Settlement Commission can’t pass Orders with Retrospective Effect: Bombay High Court

A division bench of the Bombay High Court has held that an order/ direction passed by the Settlement Commission with retrospective effect is without jurisdiction. The income tax department was aggrieved by the order of the settlement commission for assessment years 2008-09 to 2013-14. In the application for settlement, the assessee had not disclosed any […]

The post Settlement Commission can’t pass Orders with Retrospective Effect: Bombay High Court appeared first on Taxscan | Simplifying Tax Laws.



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