PRL COMMR OF INCOME TAX, RJY, E.G.DIST vs. M/S KADAKATLA RICE MILL, TADEPALLIGUDEM, W.G.DIST
ITTA/289/2017HC Telangana06 Dec 2017
Bench: The Income Tax Settlement Commission/Respondent No. 1 On 8Th April, 2015 For Settlement Of Its Income Tax Matters By Disclosing An Income Of Rs. 3,93,93,544/-. The Aforesaid Application Of The Respondent No. 2 Was Proceeded With Under Section 245 D (1) Of The Income Tax Act, 1961 By An Order Dated 21St April, 2015. After Receipt Of The Report Under Section 245 D (2B) Of The Act, From The
Section 245
133A of the Act.
4
Learned Settlement Commission/respondent no. 1 considering the
submission
and
documents
filed
both
by
the
petitioner
and
the
assessee/respondent no.2 allowed the application for settlement in question by
passing the impugned order on 29th July, 2016 under Section 245 D (4) of the
Income Tax Act, 1961 by inter alia recording its conclusion as would appear