Classification of imported salvaged shaft pieces as ship parts confirmed, reassessment time-barred and appeal allowed restoring original classificatio...
Scope of intermediary status for data hosting services: tribunal finds provider not intermediary, services exported and not taxable, limited remand on...
CENVAT credit availability after omission of Rule 12B in textiles confirmed; late addendum to SCN introducing new grounds held time-barred and invalid...
Export of Wheat Flour and related products subject to online allocation, eligibility criteria, non-transferable six-month authorisations and reporting...
Form No. 10A filed beyond the prescribed time for registration under section 12A(1)(ac)(i) may be condoned by the jurisdictional Principal Commissioner of Income-tax or Commissioner of Income-tax, since CBDT has clarified that this authority is empowered to admit delayed applications where reasonable cause exists. The clarification was issued to avoid denial of registration to eligible trusts or institutions solely because of delayed filing. It applies to cases where the condonation request is pending or is filed on or after the date of the Circular.
Form No. 10A filed beyond the prescribed time for registration under section 12A(1)(ac)(i) may be condoned by the jurisdictional Principal Commissioner of Income-tax or Commissioner of Income-tax, since CBDT has clarified that this authority is empowered to admit delayed applications where reasonable cause exists. The clarification was issued to avoid denial of registration to eligible trusts or institutions solely because of delayed filing. It applies to cases where the condonation request is pending or is filed on or after the date of the Circular.
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