(2) Where an application has not been declared invalid under sub-section (2C) of section 245D or an application has been allowed to be further proceeded with under sub-section (2D) of that section, all the material and other information produced by the assessee before the Settlement Commission shall be sent to the Commissioner to enable him to furnish the report under sub-section (3) of section 245D.
(3) Where the proceeding before the Settlement Commission abates, the Commission shall send, all the material and other information produced by the assessee before the Commission and the results of any enquiry held or evidence recorded in the course of proceedings before it, to the Commissioner.
Extra Notes for Readers:
- Rule 44CA was introduced by the Income Tax (3rd Amendment) Rules, 1976, w.e.f. 1st Apr. 1976 and later substituted by the Income Tax (9th Amendment) Rules, 2007, w.e.f. 7th Aug. 2007
Reference/Source: Check at Income Tax site for latest version of the Rules - link