Depreciation and routine compliance expenses disallowance did not prove inaccurate particulars or misreporting; penalty sustained only on foreign trav...
The HC held that it lacks power to condone delay in filing appeals beyond 120 days stipulated u/s 74(1) of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Section 74(1) proviso expressly excludes applicability of Section 5 of Limitation Act, 1963 by conferring power to condone delay only up to 60 days beyond initial 60 days period. The applications seeking condonation of delay beyond 120 days were dismissed.
The HC held that it lacks power to condone delay in filing appeals beyond 120 days stipulated u/s 74(1) of the Right to Fair Compensation and Transparency in Land Acquisition, Rehabilitation and Resettlement Act, 2013. Section 74(1) proviso expressly excludes applicability of Section 5 of Limitation Act, 1963 by conferring power to condone delay only up to 60 days beyond initial 60 days period. The applications seeking condonation of delay beyond 120 days were dismissed.
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