Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The NCLAT dismissed the appeal, declining to condone the delay of 156 days in re-filing. The appellant's explanation was found insufficient to condone such a prolonged delay. The NCLAT emphasized adherence to procedural timelines under the IBC, referring to Supreme Court judgments which disallowed extending timelines beyond statutory limits except in limited circumstances not attributable to the litigants. As the appellant failed to provide adequate justification for the inordinate delay of 156 days in re-filing, which appeared aimed at hindering the resolution process, the NCLAT dismissed the appeal.
The NCLAT dismissed the appeal, declining to condone the delay of 156 days in re-filing. The appellant's explanation was found insufficient to condone such a prolonged delay. The NCLAT emphasized adherence to procedural timelines under the IBC, referring to Supreme Court judgments which disallowed extending timelines beyond statutory limits except in limited circumstances not attributable to the litigants. As the appellant failed to provide adequate justification for the inordinate delay of 156 days in re-filing, which appeared aimed at hindering the resolution process, the NCLAT dismissed the appeal.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
