Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
The text addresses whether the adjudicatory authority may extend the Personal Insolvency Resolution Process (PIRP) beyond procedural timeline lapses while the statutory moratorium remains time-capped. It reasons that procedural timelines in the applicable regulation (including the 120 day filing requirement) are directory, not automatically fatal, and that the authority retains jurisdiction to permit extensions where stakeholders authorise and sufficient reasons exist; however the moratorium itself cannot be extended beyond its statutory outer limit. The conclusion reversed the rejection of extension applications and permitted adjudication of the repayment plan on the extended PIRP timeline.
The text addresses whether the adjudicatory authority may extend the Personal Insolvency Resolution Process (PIRP) beyond procedural timeline lapses while the statutory moratorium remains time-capped. It reasons that procedural timelines in the applicable regulation (including the 120 day filing requirement) are directory, not automatically fatal, and that the authority retains jurisdiction to permit extensions where stakeholders authorise and sufficient reasons exist; however the moratorium itself cannot be extended beyond its statutory outer limit. The conclusion reversed the rejection of extension applications and permitted adjudication of the repayment plan on the extended PIRP timeline.
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