TIOL-DDT 666 · Friday, 27 July 2007 · story 3 of 3

Beating our own record - yesterday's Supreme Court order reported today - we can't do better

TIOL'sefforts have been to bring to you the law fast and first and we have been fairly successful. Allow us to beat our trumpet. Today we are bringing you a Supreme Court judgement that was delivered yesterday, and with full analysis.

KVSS - pending appeal - appeal filed after time limit expired - KVSS rejected on the ground that the appeal was time barred - CESTAT holds appeal was within time - KVSS has to be revived - Supreme Court

An application under KVSS was rejected on the ground that the appeal was time barred. Later the Tribunal holds that the appeal was within time. The assessee asks for revival of the KVSS application, but departments saysKVSS is closed.

See the details in our Breaking News today.