Revisionary jurisdiction under section 263 upheld; faceless assessments subject to revision when AO fails requisite enquiries, remitted for fresh asse...
Limited scope of processing under section 143(1): enhancement without show cause is unsustainable; remand for residency, taxation and TDS verification...
Limitation for an appeal under the Insolvency and Bankruptcy Code runs from the date the impugned order is pronounced in open court, not from the date it is uploaded, received, or actually known to the appellant. Where pronouncement is established, a party must act diligently, apply for a certified copy, and can claim only the statutory exclusion for time requisite to obtain it. The appellate tribunal also reiterated that the condonable period under the appeal provision is strictly confined to thirty days plus a further fifteen days; no equitable extension is available beyond that outer limit. On that basis, both appeals filed after the limit were treated as time-barred and the delay applications were rejected.
Limitation for an appeal under the Insolvency and Bankruptcy Code runs from the date the impugned order is pronounced in open court, not from the date it is uploaded, received, or actually known to the appellant. Where pronouncement is established, a party must act diligently, apply for a certified copy, and can claim only the statutory exclusion for time requisite to obtain it. The appellate tribunal also reiterated that the condonable period under the appeal provision is strictly confined to thirty days plus a further fifteen days; no equitable extension is available beyond that outer limit. On that basis, both appeals filed after the limit were treated as time-barred and the delay applications were rejected.
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