Business expenditure and depreciation rules allow operational outgoings while limiting disallowances for personal elements and unsupported third-party...
Compromise-and-arrangement extensions may accommodate debt assignment where creditor commercial judgment supports value maximisation and avoids proced...
Delayed-payment surcharge is not taxable tolerance consideration where it penalises default, while meter testing follows electricity distribution trea...
Sufficient cause for delayed revenue income-tax appeals requires bona fides, due diligence and a credible explanation; otherwise limitation bars appea...
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Statutory limitation on customs demands restricts the Department from initiating or enforcing a fresh demand, but does not bar settlement-stage appropriation of differential duty voluntarily deposited for earlier imports. Where liability is admitted and the deposit is neither retracted nor controverted, it may be adjusted against that liability. Judicial review of a settlement order remains confined to jurisdictional error, denial of natural justice, manifest legal error, or findings unsupported by the record; it does not permit reappraisal of unchallenged factual findings. The voluntary-duty appropriation therefore remained undisturbed.
Statutory limitation on customs demands restricts the Department from initiating or enforcing a fresh demand, but does not bar settlement-stage appropriation of differential duty voluntarily deposited for earlier imports. Where liability is admitted and the deposit is neither retracted nor controverted, it may be adjusted against that liability. Judicial review of a settlement order remains confined to jurisdictional error, denial of natural justice, manifest legal error, or findings unsupported by the record; it does not permit reappraisal of unchallenged factual findings. The voluntary-duty appropriation therefore remained undisturbed.
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