Reasoned order of settlement commission cannot be interfered: Delhi HC

PCIT (Central)-II Vs Trent East West LPG Bottling Ltd (Delhi High Court) Delhi High Court held that acceptance of settlement and order passed by the Income Tax Settlement Commission (ITSC) based on full and true disclosure not to be interfered under Article 226 of the Constitution. Thus, reasoned order of settlement commission cannot be interfered. Facts- The Principal Commissioner of Income Tax seeks to invoke our jurisdiction conferred by Article 226 of the Constitution and impugns the order passed by the Income Tax Settlement Commission. Vide the said order, the ITSC has settled the total l...