M/S ING VYSYA BANK LIMITED vs. THE COMMISSIONER OF INCOME TAX

In the result appeal fails and it is hereby

Bench: ARAVIND KUMAR,AJIT J GUNJAL

245C contemplates full and true disclosure of income to be made before the Settlement Commission and the same was made by the assessee and as such the learned Single Judge committed an error in holding that there is statutory requirement that concealment of particulars before the assessing officer would have a bearing with the Settlement Commission exercising its power under