Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
AT dismissed the appellant's application for condonation of 100-day delay in filing an appeal against SEBI's confirmatory order. The tribunal found the appellant's grounds-including travel for social purposes, medical appointments, and advocate changes-insufficient to justify the delay. As a Non-Executive Director and Chairman, the appellant was deemed negligent in not timely pursuing the appeal. The tribunal applied established legal principles and exercised its discretionary jurisdiction to reject the delay condonation request, thereby effectively maintaining the original order.
AT dismissed the appellant's application for condonation of 100-day delay in filing an appeal against SEBI's confirmatory order. The tribunal found the appellant's grounds-including travel for social purposes, medical appointments, and advocate changes-insufficient to justify the delay. As a Non-Executive Director and Chairman, the appellant was deemed negligent in not timely pursuing the appeal. The tribunal applied established legal principles and exercised its discretionary jurisdiction to reject the delay condonation request, thereby effectively maintaining the original order.
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