Admissibility of electronic evidence bars undervaluation demands where printouts, retracted statements and no cross-examination leave the case unprove...
Limitation in oppression and mismanagement proceedings: prior knowledge of removal and dilution barred the challenge, with valuation directions upheld...
Under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, a declaration lapsed when the declarant failed to pay the amount in Form SVLDRS-3 within the prescribed 30 days; the Tribunal applied the plain meaning of the Scheme and held that no equitable or purposive relief could override the statutory time limit. The belated payment made after the extended last date did not preserve the amnesty benefit, so the service tax demand and interest were sustained. Penalty was, however, set aside because the delay occurred during the COVID period and there was no finding of mala fide intent.
Under the Sabka Vishwas (Legacy Dispute Resolution) Scheme, a declaration lapsed when the declarant failed to pay the amount in Form SVLDRS-3 within the prescribed 30 days; the Tribunal applied the plain meaning of the Scheme and held that no equitable or purposive relief could override the statutory time limit. The belated payment made after the extended last date did not preserve the amnesty benefit, so the service tax demand and interest were sustained. Penalty was, however, set aside because the delay occurred during the COVID period and there was no finding of mala fide intent.
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