Condonation of delay permits statutory appeal restoration where inadequate service explanation prevented consideration of reassessment and taxable-inc...
Limitation in customs appeals permits exclusion for bona fide refund proceedings, enabling restoration of Bill of Entry assessment challenges on merit...
Warehousing permission requires deposit at the designated bonded warehouse; unauthorised diversion triggers confiscation, redemption fine and importer...
Enhanced leave-encashment exemption for non-government employees is treated as a beneficial, curative fiscal measure addressing hardship from the previously unrevised limit. Such beneficial provisions receive liberal construction and apply to pending proceedings unless retrospective operation is expressly barred. On that basis, the enhanced ceiling under section 10(10AA) applies to Assessment Year 2021-22, allowing exemption of the full leave-encashment receipt within that ceiling and removing the related addition.
Enhanced leave-encashment exemption for non-government employees is treated as a beneficial, curative fiscal measure addressing hardship from the previously unrevised limit. Such beneficial provisions receive liberal construction and apply to pending proceedings unless retrospective operation is expressly barred. On that basis, the enhanced ceiling under section 10(10AA) applies to Assessment Year 2021-22, allowing exemption of the full leave-encashment receipt within that ceiling and removing the related addition.
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