The Court held that each financial year creates a separate cause of action, making a consolidated notice legally unsustainable. It quashed the notice and allowed fresh year-wise proceedings.
The ruling found that issuing a single notice for multiple tax years violates statutory requirements. The Court quashed the notice and permitted authorities to issue separate notices for each year.
The case examined whether a modified return could be scrutinized again after assessment. The ruling clarified that once assessment is completed considering reorganisation, further scrutiny is impermissible.
The issue was rejection of an appeal filed beyond the condonable period under GST law. The Court allowed reconsideration due to a minor nine-day delay supported by valid reasons.
The Tribunal held that differential CVD cannot be demanded without evidence linking the importer to MRP alteration. Allegations based on assumptions and third-party actions were rejected.
The Tribunal held that no penalty is leviable where service tax and interest are paid before issuance of notice. Absence of fraud or suppression entitled the assessee to relief.
The ITAT held that penalty proceedings are invalid where the Assessing Officer does not specify whether the charge is concealment or inaccurate particulars. The penalty was quashed due to lack of clarity and inconsistency.
The issue was denial of credit due to post-amendment invoicing. The Tribunal held that credit is admissible since services were completed before the cut-off date.
**SEO Description:** Supreme Court holds that an appeal filed by a suspended director in the name of the corporate debtor after admission of CIRP is not maintainable. It rules that such a fundamentally incompetent appeal cannot be cured or converted after expiry of limitation under Section 61(2) of the IBC, and sets aside NCLAT’s contrary approach.
The Supreme Court declined to interfere with the High Court’s order condoning delay in filing Form 10B. It upheld that a genuine explanation and completed compliance justified relief.
