Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
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...
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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