https://www.taxtmi.com/caselaws?id=113343 A statutory authority cannot use an administrative regularisation scheme to alter the prescribed regulatory method for computing registration fee. Where the regulations require turnover data to be furnished in the prescribed manner, a flat-rate levy of 0.01 per cent on gross turnover for non-furnishing of data was held ultra vires and severable from the scheme. The court also noted that the brokers had not availed the time-bound scheme within the stipulated period and had no enforceable right to the original concession, though limited relief was allowed for furnishing turnover data and seeking consideration under the regulations, including interest concession. en-us Tue, 13 Apr 2010 00:00:00 +0530 Sat, 11 Oct 2014 11:24:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=113343 A statutory authority cannot use an administrative regularisation scheme to alter the prescribed regulatory method for computing registration fee. Where the regulations require turnover data to be furnished in the prescribed manner, a flat-rate levy of 0.01 per cent on gross turnover for non-furnishing of data was held ultra vires and severable from the scheme. The court also noted that the brokers had not availed the time-bound scheme within the stipulated period and had no enforceable right to the original concession, though limited relief was allowed for furnishing turnover data and seeking consideration under the regulations, including interest concession. Case-Laws Companies Law Tue, 13 Apr 2010 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=113343