Pre-existing operational debt disputes require genuine evidence, while undirected running-account payments may be appropriated on a first-in-first-out...
Agency in CNG distribution makes outlet operators commission agents, rendering taxable Business Auxiliary Service rather than purchasing goods for res...
Composite inpatient healthcare supply may retain exemption despite MRP medicine billing, while separate taxable sale characterisation remains disputed...
A 13-day delay in filing Form 10-IC for the concessional regime under section 115BAA was condoned because the delay was short, arose from undisputed circumstances linked to the death of the group founder/chairman, and was neither deliberate nor mala fide. The Court treated the benefit under section 115BAA as a substantive statutory entitlement and Form 10-IC as only the procedural mode for exercising that option; a procedural lapse could not defeat eligibility where no dispute existed on the substantive conditions. The refusal to condone was quashed for undue technicality, absence of prejudice to the Revenue, and failure to account for disproportionate hardship.
A 13-day delay in filing Form 10-IC for the concessional regime under section 115BAA was condoned because the delay was short, arose from undisputed circumstances linked to the death of the group founder/chairman, and was neither deliberate nor mala fide. The Court treated the benefit under section 115BAA as a substantive statutory entitlement and Form 10-IC as only the procedural mode for exercising that option; a procedural lapse could not defeat eligibility where no dispute existed on the substantive conditions. The refusal to condone was quashed for undue technicality, absence of prejudice to the Revenue, and failure to account for disproportionate hardship.
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