Shanti Prime Publication Pvt. Ltd.
Section 245D and 245C of the Income Tax Act, 1961 — Settlement Commission — Where two parties to a single transaction of accommodation entry filed separate settelement applications for same income, settlement order passed in case of one party is to be considered in case of other party to avoid double taxation — Umed Investments & Marketing Co. P. Ltd. vs. ITSC [2020] 268 Taxman 22 (Madras)