Bogus-purchase additions are limited to embedded profit where corresponding sales are accepted, while accommodation-entry information can support reas...
Provisional attachment fails without material showing likely concealment, transfer, or dealing that could frustrate confiscation of mortgaged property...
Works-contract goods transfers remain outside service tax, while qualifying lift irrigation works receive exemption and extended limitation cannot app...
Customs assessment information portal centralises rulings and guidance to promote consistent classification, valuation, transparency and informed comp...
Condonation of delay requires sufficient cause founded on bona fide diligence and circumstances beyond the litigant's control. Voluntarily offering a receipt to tax, accepting the intimation, and remaining inactive for more than a decade did not meet that standard; awaiting litigation concerning another entity's registration, mistaken belief about registration, later legal developments, difficulty locating records, and professional consultation were insufficient. The inordinate delay in filing the first appeal was therefore not condoned, and the appeal was dismissed without considering the claimed exemption. The taxability of the one-time benefit remained open.
Condonation of delay requires sufficient cause founded on bona fide diligence and circumstances beyond the litigant's control. Voluntarily offering a receipt to tax, accepting the intimation, and remaining inactive for more than a decade did not meet that standard; awaiting litigation concerning another entity's registration, mistaken belief about registration, later legal developments, difficulty locating records, and professional consultation were insufficient. The inordinate delay in filing the first appeal was therefore not condoned, and the appeal was dismissed without considering the claimed exemption. The taxability of the one-time benefit remained open.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4883 
