Overlapping GST proceedings require Central and State authorities to designate one competent authority for coordinated adjudication of the same matter...
Composite healthcare supplies retain exemption when patient care is the contract's essential character, despite payment through an implementing agency...
Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
The ITAT condoned a delay of 2066 days in filing the appeal, attributing the delay to the assessee's CA's inaction and ongoing FIRs causing a deadlock. The tribunal held that the impugned order was not decided on merits. Consequently, the delay before the CIT(A) was condoned on sufficient cause grounds, but a cost of Rs. 2,500 was imposed on the assessee for lack of vigilance. The impugned order was set aside, and the matter was remanded to the CIT(A) for de novo adjudication. The CIT(A) was directed to provide the assessee a full opportunity of hearing and to pass a reasoned, speaking order after the payment of the imposed cost to the Prime Minister's Relief Fund, with proof of payment to be submitted.
The ITAT condoned a delay of 2066 days in filing the appeal, attributing the delay to the assessee's CA's inaction and ongoing FIRs causing a deadlock. The tribunal held that the impugned order was not decided on merits. Consequently, the delay before the CIT(A) was condoned on sufficient cause grounds, but a cost of Rs. 2,500 was imposed on the assessee for lack of vigilance. The impugned order was set aside, and the matter was remanded to the CIT(A) for de novo adjudication. The CIT(A) was directed to provide the assessee a full opportunity of hearing and to pass a reasoned, speaking order after the payment of the imposed cost to the Prime Minister's Relief Fund, with proof of payment to be submitted.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4803
Join Channel
TaxTMI 
