Specified income tax exemption for pollution control body remains conditional on non-commercial activity, unchanged income character, and return filin...
Jurisdictional facts in certificate-of-origin discrepancies can support customs show-cause proceedings, leaving factual explanations for departmental ...
Market value for captive electricity consumption follows industrial consumer tariffs, supporting profit computation for the power generation deduction...
Condonation of delay in a statutory appeal against confiscation of foreign currency was allowed where the delay was not found to be exorbitant or inordinate and refusal would have left the petitioner remediless. Although the appellate authority's power to condone delay was limited and the supporting explanation was not elaborate, the Court held that the right of appeal should not be shut out on the facts of the case. The dismissal of the time-barred appeal was set aside, costs were imposed, and the appellate authority was directed to hear and decide the matter on merits, without treating the decision as a binding precedent.
Condonation of delay in a statutory appeal against confiscation of foreign currency was allowed where the delay was not found to be exorbitant or inordinate and refusal would have left the petitioner remediless. Although the appellate authority's power to condone delay was limited and the supporting explanation was not elaborate, the Court held that the right of appeal should not be shut out on the facts of the case. The dismissal of the time-barred appeal was set aside, costs were imposed, and the appellate authority was directed to hear and decide the matter on merits, without treating the decision as a binding precedent.
Note: It is a system-generated summary and is for quick reference only.