Sponsored
    Follow Us:

Case Law Details

Case Name : Mutharamman Traders Vs State Tax officer (Madras High Court)
Appeal Number : W.P. No. 17600 & 17604 of 2023
Date of Judgement/Order : 14/06/2023
Related Assessment Year :
Become a Premium member to Download. If you are already a Premium member, Login here to access.
Sponsored

Mutharamman Traders Vs State Tax officer (Madras High Court)

Madras High Court condones the delay of 10 days in filing appeal as the petitioner was unaware of the orders as the orders was sent to the Consultant’s email id.

Facts- The challenge is to two orders of assessment, both dated 31.10.2022 in respect of assessment years (AY) 2020-21 and 2021-22, passed under the provisions of the Tamil Nadu General Sales Tax Act, 2017. Notably, in the present case, the appeals have, admittedly, been filed within 10 days after the statutory period of 120 days.

Conclusion- Thus, an explanation has been given to the effect that the petitioner was unaware of the orders having been issued as it had been sent to the Consultant’s email id and also to the effect that the sole proprietor was unwell at the relevant point in time.

Ms. Ranganayaki, learned Additional Government Pleader, who accepts notice for the respondents fairly does not raise any strenuous objection to the suggestion of the Court that, having regard to the explanation tendered, the delay of 10 days may be condoned and the appeals restored to the file of the appellate authority.

Please become a Premium member. If you are already a Premium member, login here to access the full content.

Sponsored

Join Taxguru’s Network for Latest updates on Income Tax, GST, Company Law, Corporate Laws and other related subjects.

One Comment

  1. Virendra says:

    Query on 54F if some can help –

    1. I have sold MF worth 20L with a LTCG of say 6 Lakhs.
    2. Purchased residential property of say 50L
    3. Took bank loan of 30 Lakh
    3. Paid builder say 15L upfront amount from 20L MF amount and rest 30L through bank loan in same financial year.
    4. Remaining 5L from 20L MF selling- will pay the builder next year.( Not kept in the capital gain account)

    Will exception under 54F will be on the entire 6lakh capital gain or will it be in proportion to 15L, as paid only 15Lakh from actual net consideration of 20L.

Leave a Comment

Your email address will not be published. Required fields are marked *

Sponsored
Sponsored
Search Post by Date
July 2024
M T W T F S S
1234567
891011121314
15161718192021
22232425262728
293031