Settlement Commission Orders Not Rectifiable Under Section 154: Madras HC

G.Gopalakrishna Pillai Vs Income Tax Settlement Commission (Madras High Court) In G. Gopalakrishna Pillai Vs Income Tax Settlement Commission, the Madras High Court addressed whether the Settlement Commission’s orders could be rectified under Section 154 of the Income Tax Act. Both parties agreed that, following the precedent set in Brij Lal & Others v. Commissioner of Income Tax (2010), such rectification was not permissible. The court emphasized that the Settlement Commission operates under a distinct procedural code separate from the assessment procedures covered under Chapter XIV...