Binding precedent remains operative despite pending challenge, supporting deletion of interest disallowance when debt is converted into preference sha...
Statutory GST appeals, including delayed appeals accompanied by condonation applications, require quasi-judicial consideration by the Appellate Authority. Mechanical rejection by an office or through a system-generated acknowledgement, without a hearing and a reasoned speaking order, is unsustainable. Reasons demonstrate application of mind, permit the aggrieved party to challenge the decision, and enable judicial review. Rejected appeals were restored for fresh consideration with any condonation applications after hearing, while the challenge to the circular remained open.
Statutory GST appeals, including delayed appeals accompanied by condonation applications, require quasi-judicial consideration by the Appellate Authority. Mechanical rejection by an office or through a system-generated acknowledgement, without a hearing and a reasoned speaking order, is unsustainable. Reasons demonstrate application of mind, permit the aggrieved party to challenge the decision, and enable judicial review. Rejected appeals were restored for fresh consideration with any condonation applications after hearing, while the challenge to the circular remained open.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4908 
