Power of review or rectification of its own order is not available to Settlement Commission, held by ChenHC in Agarshans v The Income Tax Settlement Commission and Others — In favour of: The revenue.
The proceedings before the Settlement Commission relates to the settlement of liability and not the determination of liability.
A writ petition is not maintainable against the order of the Settlement Commission, unless the reasoning is abusive or contrary to the provisions of law and is prejudicial to the interest of the assessee.
Decided on: 22 November 2011.
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