Thursday, August 6, 2020

Appeal to appellate tribunal from order of commission was to dismissed as being by limitation: NCLAT

COMPETITION LAW : Where appellant preferred appeal before Appellate Tribunal after 768 days of passing of impugned order by Commission and sought condonation of delay by exclusion of period of 693 days consumed in litigation before High Court, however, appellant had not been able to demonstrate a sufficient cause preventing him from preferring appeal within statutory period of 60 days, appeal was to be dismissed as being barred by limitation

from www.taxmann.com Latest Case Laws https://ift.tt/33yiq3u

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...