Political contribution deductions require genuine transactions; banking records and party registration alone cannot defeat evidence of accommodation e...
Post-death GST liability permits fresh proceedings against legal representatives, while discontinued-business recovery remains limited to the inherite...
Non-confirmation of FEMA seizure prevents adjudicators from overriding pending appellate findings on recorded reasons and suspected foreign asset hold...
Condonation of delay was refused where the appellant failed to...
Condonation of Delay denied: communication lapses and corporate restructuring found insufficient; prolonged inaction and lack of bona fides led to refusal.
Contents
Summary
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Condonation of delay was refused where the appellant failed to establish sufficient cause for an unexplained 802 day delay. The tribunal found the asserted non intimation contradicted contemporaneous affidavits confirming receipt of orders and therefore was not a valid ground. The claimed corporate restructuring was held vague, factually belied by completion before the impugned orders and inadequate given the appellant's institutional capacity and awareness of the time value of money. The appellant's prolonged inaction and lack of vigilance, together with absence of bona fide supporting material, resulted in denial of condonation under limitation principles by the ITAT.
Condonation of delay was refused where the appellant failed to establish sufficient cause for an unexplained 802 day delay. The tribunal found the asserted non intimation contradicted contemporaneous affidavits confirming receipt of orders and therefore was not a valid ground. The claimed corporate restructuring was held vague, factually belied by completion before the impugned orders and inadequate given the appellant's institutional capacity and awareness of the time value of money. The appellant's prolonged inaction and lack of vigilance, together with absence of bona fide supporting material, resulted in denial of condonation under limitation principles by the ITAT.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
