Political contribution deductions require recipient party compliance with contribution-reporting conditions; banking-channel donations alone do not qu...
Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
Merchant banker regulation consolidates registration, governance, capital, reporting, outsourcing and investor-protection requirements under an update...
The Delhi High Court considered a case involving condonation of delay in re-filing a review petition. The reasons provided for the delay included counsel's indisposition and procedural formalities due to the Petitioner being a Government Department. The Court found the reason of verbatim copy inadequate but accepted counsel's ill health as a valid ground. The Court noted that the cash seized was not stock in trade for the taxpaying business of optical lenses. Ultimately, the Court allowed the application for condonation of delay in re-filing the review petition, as there were no grounds to review the order dated 22.08.2023.
The Delhi High Court considered a case involving condonation of delay in re-filing a review petition. The reasons provided for the delay included counsel's indisposition and procedural formalities due to the Petitioner being a Government Department. The Court found the reason of verbatim copy inadequate but accepted counsel's ill health as a valid ground. The Court noted that the cash seized was not stock in trade for the taxpaying business of optical lenses. Ultimately, the Court allowed the application for condonation of delay in re-filing the review petition, as there were no grounds to review the order dated 22.08.2023.
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