Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
The ITAT considered the delay in filing the appeal of 233 days due to the CA's gross negligence. The CA failed to inform the Society about orders, resulting in a huge outstanding demand. The Society, unaware of orders, only acted after bank accounts were attached. The CA neglected to file appeals timely, causing further issues. The ITAT found the Society not at fault, granting relief for the counsel's negligence. The appeal was allowed for statistical purposes to address the injustice suffered by the assessee.
The ITAT considered the delay in filing the appeal of 233 days due to the CA's gross negligence. The CA failed to inform the Society about orders, resulting in a huge outstanding demand. The Society, unaware of orders, only acted after bank accounts were attached. The CA neglected to file appeals timely, causing further issues. The ITAT found the Society not at fault, granting relief for the counsel's negligence. The appeal was allowed for statistical purposes to address the injustice suffered by the assessee.
Note: It is a system-generated summary and is for quick reference only.
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