Seller cannot dissect Settlement Commission Order to avail Preferred Provisions Only: Delhi HC upholds ₹1.15 Crore Penalty

The Delhi High Court upheld a penalty of over a crore rupees against a seller, stating that the Settlement Commission's order could not be selectively dissected to avail of preferential provisions. The seller had attempted to invoke certain favorable provisions from the Settlement Commission while bypassing others that were less advantageous. The court ruled that such selective claims were unacceptable and that the seller had to comply fully with the terms of the settlement process. The case emphasizes the importance of adhering to the procedures outlined by the Settlement Commission and affirms the imposition of penalties for non-compliance. It serves as a reminder for taxpayers to follow the commission's guidelines without seeking loopholes to reduce liabilities.