Bank account freezing requires statutory authority; anti-money-laundering compliance and KYC monitoring do not permit unilateral indefinite restrictio...
Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
The ITAT dismissed the condonation petition filed by the assessee for a delay of 2655 days in filing an appeal. The assessee's contention of handing over appeal papers to an advocate and chartered accountant for filing was held insufficient to establish due diligence. The assessee's failure to appear before the AO and CIT(Appeals) despite twelve notices further demonstrated lack of diligence. The inordinate delay of 2655 days was attributable solely to the assessee's negligence, rendering it an unfit case for condonation of delay.
The ITAT dismissed the condonation petition filed by the assessee for a delay of 2655 days in filing an appeal. The assessee's contention of handing over appeal papers to an advocate and chartered accountant for filing was held insufficient to establish due diligence. The assessee's failure to appear before the AO and CIT(Appeals) despite twelve notices further demonstrated lack of diligence. The inordinate delay of 2655 days was attributable solely to the assessee's negligence, rendering it an unfit case for condonation of delay.
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