The Supreme Court has upheld the authority of consumer forums to award fair compensation for delayed possession of flats, holding that contractual clauses limiting compensation cannot override statutory consumer protections.The bench of Justice B.V. Nagarathna and Justice R. Mahadevan has observed that consumer forums...

The Allahabad Bench of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) has held that the extended period of limitation cannot be invoked in the absence of suppression or intent to evade tax. A bona fide belief regarding taxability and prior disclosure of...