Market value for captive electricity consumption follows industrial consumer tariffs, supporting profit computation for the power generation deduction...
Provisional release of seized imports requires enhanced duty payment, bank guarantee and disclosures while customs adjudication proceeds independently...
Condonation of delay - delay of 17 days filling appeal before ITAT - The Tribunal observed that the delay in filing the appeal was 17 days beyond the prescribed period. The reasons provided for the delay, including the ill health of the Karta, were considered insufficient as the medical reports submitted were not indicative of any serious ailment. - Tribunal deemed the explanations insufficient and dismissed the appeal on grounds of limitation.
Condonation of delay - delay of 17 days filling appeal before ITAT - The Tribunal observed that the delay in filing the appeal was 17 days beyond the prescribed period. The reasons provided for the delay, including the ill health of the Karta, were considered insufficient as the medical reports submitted were not indicative of any serious ailment. - Tribunal deemed the explanations insufficient and dismissed the appeal on grounds of limitation.
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