Saturday, March 19, 2011

Finance Act 2010 - Sec260A(2A) - High Court empowered to condone delay in filing of appeal

APPEALS

*Sec260A(2A) - High Court has & also had power to condone delay&admit appeal after expiry of 120days,if sufficient cause of delay (Retrospectv effect from1.10.1998)

*Same amendment in provision of Sec27A(1A)of WealthTaxAct,1957

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