Sustainability of orders passed by Settlement Commission in violation of section 245D(4) of IT Act, 1961

RELEVANT PARAGRAPH 25. Chapter XIX-A is a complete Code in itself as regards settlement of cases for having provided a complete mechanism other than procedure provided under the IT Act. Legislature conferred all powers upon Settlement Commission being vested in IT authority under the Act as provided U/s 245-F and what is being decided by settlement commission is conclusive providing no remedy of revision/review or appeal to the assessee or revenue, envisaged in S.245-I of the Act. 26. Settlement commission is constituted U/s 245-B and its jurisdiction & powers are governed by S.245-BA. Pro...