Lyceum International School (Private) Limited vs Commissioner General of Inland Revenue – CA BRA/01/2005-2014

In the case between Lyceum International School (Private) Limited and the Commissioner General of Inland Revenue, the court addressed the issue of a revenue assessment dispute arising under income tax law. It was determined that the proceedings were resolved amicably through a joint settlement motion presented to the court. As a result, court proceedings were ordered to be concluded in accordance with the settlement. This reaffirmed the principle that courts may, upon the parties’ request, terminate proceedings where a definitive settlement is reached and jointly submitted. The decision underscores the judicial practice of endorsing party settlements to promote efficient dispute resolution.

Sisira J. de Abrew J. — It was recorded that a joint motion containing the terms of settlement had