Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
Specified development authority income receives retrospective tax exemption, subject to non-commercial activity, unchanged income sources, and return-...
Unified Brand India framework introduces voluntary Trust Mark certification and funding support for export branding, packaging and global promotional ...
Origin Declaration authentication governs preferential tariff claims under India-UK CETA, requiring a validated reference number before import clearan...
Separate assessment orders for different years remain valid when distinct notices and hearing opportunities prevent prejudice from combined proceeding...
Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
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NCLAT applied a justice-oriented reading of sufficient cause and condoned a seven-day delay in filing the appeal, accepting that non-communication by earlier counsel and prompt action after learning of the order justified relief. It also treated closure of the right to file reply in Section 9 insolvency proceedings as subject to natural justice and a fair opportunity to defend; where the proposed defence was prima facie substantial and no deliberate negligence was shown, denial of reply would not advance justice. The closure order was set aside, one final opportunity to file the reply was granted, and the merits were left open.
NCLAT applied a justice-oriented reading of sufficient cause and condoned a seven-day delay in filing the appeal, accepting that non-communication by earlier counsel and prompt action after learning of the order justified relief. It also treated closure of the right to file reply in Section 9 insolvency proceedings as subject to natural justice and a fair opportunity to defend; where the proposed defence was prima facie substantial and no deliberate negligence was shown, denial of reply would not advance justice. The closure order was set aside, one final opportunity to file the reply was granted, and the merits were left open.
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