Bona fide disclosure requirements govern under-reporting penalties, and post-penalty immunity applications cannot secure available statutory protectio...
Certificate-of-origin verification procedure governs preferential customs benefits; denial without retroactive verification was set aside with consequ...
Disciplinary Committee jurisdiction and mandatory investigation requirements invalidated cancellation of an insolvency professional's registration and...
Retention of seized property survives where recorded reasons support proceeds of crime, while stayed investigation periods are excluded from limitatio...
Specified income of Baddi Barotiwala Nalagarh Development Authority receives conditional tax exemption, retrospectively covering its designated assess...
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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.
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