HC upheld Invalidation of Income Tax Settlement Application for failure to make full and true disclosure of undisclosed income

Moin A Qureshi Vs CIT (Delhi High Court) This writ petition by Moin A. Qureshi (the petitioner for short) assails the order dated 12th May, 2017 under Section 245D(2C) of the Income Tax Act, 1961 (Act, for short) whereby the Income Tax Settlement Commission, New Delhi (ITSC, for short) has rejected the settlement application filed by the petitioner as invalid. 2. This is the third round of litigation in the High Court from orders passed by the ITSC. The petitioner had earlier filed Writ Petition (C) No. 4900/2015 challenging order of the ITSC dated 24th February, 2015 and Writ Petition (C) No...