Sec. 245D read with section 245C of the Income Tax Act, 1961 — Settlement Commission — Principal Commissioner/Commissioner (DR) could not be given opportunity of hearing at time of consideration of application for settlement at stage of admission under section 245D(2C). Thus, the impugned order passed by the Settlement Commission being in breach of the provisions of section 245D(2C) of the Act and also being in breach of the principles of natural justice inasmuch as at the stage of section 245D(2C) of the Act, cannot be sustained. SLP of the revenue dismissed. - INCOME TAX SETTLEMENT COMMISSION V/s AKSHAR DEVELOPERS - [2020] 269 TAXMAN 017 (SC)