AO cannot reopen assessment u/s. 148 when order u/s. 245D is passed by Income Tax Settlement Commission

ACIT Vs  Pradip Overseas Ltd (ITAT Ahmedabad) ITAT Ahmedabad held that once the Income Tax Settlement Commission has passed final order u/s. 245D of the Income Tax Act, AO has no jurisdiction to reopen the same u/s. 148 of the Income Tax Act. Facts- A search and seizure operation was carried in the case of assessee as on 21-09-2010. The assessee filed an application u/s. 245C(1) on 03-05-2023 for settlement of the case before Income Tax Settlement Commission. The Income Tax Settlement Commission passed an order dated 07-11-2014 u/s. 245D(4) settling the matter for assessment year 2006-07 to 2...