Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
NCLAT dismissed the applicant's application for condonation of a 91-day delay in refiling the appeal. The Tribunal held that the applicant failed to plead any sufficient or reasonable cause-offering only vague allegations of logistical constraints and denial of deliberate delay-and thus did not meet the obligation to aver facts justifying the delay. While acknowledging that condonation in CIRP-related refilings may attract a more liberal approach given Section 12 timelines and the policy of timely resolution, NCLAT found no basis to exercise discretion in favour of the applicant. The condonation application is therefore rejected and the delay is not condoned.
NCLAT dismissed the applicant's application for condonation of a 91-day delay in refiling the appeal. The Tribunal held that the applicant failed to plead any sufficient or reasonable cause-offering only vague allegations of logistical constraints and denial of deliberate delay-and thus did not meet the obligation to aver facts justifying the delay. While acknowledging that condonation in CIRP-related refilings may attract a more liberal approach given Section 12 timelines and the policy of timely resolution, NCLAT found no basis to exercise discretion in favour of the applicant. The condonation application is therefore rejected and the delay is not condoned.
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