Settlement Commission has jurisdiction over the case which involves search assessments where block assessments are to be completed under section 158BC

RELEVANT PARAGRAPH 19. The first fundamental issue is whether the Commission has at all jurisdiction to deal with this case which involves search assessments where block assessments are to be completed u/s 158BC. The arguments of the learned CIT(DR)s appear quite weighty and persuasive. However, the arguments of” the learned AR of the applicant are logical and convincing. The language of the section is clear. The exclusion proviso to Sec. 245A(b) mentions only sections 153A, 153B and 153C. They nowhere mention about section 15SBC. As rightly rebutted by the learned AR the Explanation to ...