https://www.taxtmi.com/caselaws?id=392747 The High Court upheld the disallowance of concessional tax rates for M/s. ABB Limited due to belated filing of declaration in Form 'C' without sufficient reasons. The Court emphasized the importance of proving sufficient cause for late submission of 'C' forms and remanded the matter to the Assessment Authority for reevaluation of the declaration forms and appropriate tax rate adjustments in accordance with the law. The Court highlighted the necessity for appellate authorities to consider efforts made by the Assessee in obtaining necessary documentation and the requirement to assess genuine reasons for delayed submissions. en-us Mon, 17 Feb 2020 00:00:00 +0530 Fri, 28 Feb 2020 08:22:17 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=392747 The High Court upheld the disallowance of concessional tax rates for M/s. ABB Limited due to belated filing of declaration in Form 'C' without sufficient reasons. The Court emphasized the importance of proving sufficient cause for late submission of 'C' forms and remanded the matter to the Assessment Authority for reevaluation of the declaration forms and appropriate tax rate adjustments in accordance with the law. The Court highlighted the necessity for appellate authorities to consider efforts made by the Assessee in obtaining necessary documentation and the requirement to assess genuine reasons for delayed submissions. Case-Laws VAT and Sales Tax Mon, 17 Feb 2020 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=392747