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Sec. 245D of the Income Tax Act, 1961- Settlement Commission - The plain reading of sub-Section (2C) of Section 245D of the Act does not spell out an adjudicatory process. Therefore, if in the opinion of the Commission, based upon the report the issue needs to adjudicated, the application cannot be declared as invalid. Therefore, each case, which comes before the Commission has to be decided on its own facts. - DEPUTY CIT V/s HITACHI POWER EUROPE GMBH -  316 CTR 777 (MAD)