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Archive: 09 April 2025

Posts in 09 April 2025

Under RTI CPIO Not Bound to Provide Opinions on criminal activities: IBBI

April 9, 2025 129 Views 0 comment Print

IBBI’s First Appellate Authority dismisses Ravinder Aggarwal’s RTI appeal seeking details on MSA Developers’ resolution plan implementation.

Employees’ contribution to PF/ESI after statutory due dates not deductible: ITAT Ahmedabad

April 9, 2025 93 Views 0 comment Print

ITAT Ahmedabad held that employees’ contribution to PF/ESI after statutory due dates but before due date of filing income tax returns not allowable as deduction. Accordingly, appeal of the assessee dismissed.

Breakeven Tax Analysis: Old vs New Tax Regime FY 2024-25

April 9, 2025 7542 Views 1 comment Print

Compare the breakeven tax liabilities between the old and new tax regimes for FY 2024-25 and understand when each regime is more favorable.

Leadership in Accounts: The Real Power Behind Effective Teams

April 9, 2025 345 Views 0 comment Print

Explore core of effective leadership in accounts: managing people, fostering growth, and building trust beyond AI efficiency. Learn key insights for team success.

CJI Led SC Bench Expresses Its Worry On Rule Of Law In UP

April 9, 2025 246 Views 0 comment Print

Supreme Court notes UP rule of law issues. West UP, with most pending cases, lacks a High Court Bench, forcing long, costly travel for justice.

IRDAI Issues Warning to Heritage Health TPA Pvt. Ltd.

April 9, 2025 3066 Views 4 comments Print

IRDAI warns Heritage Health TPA for non-compliance in claims handling. Advisory issued to follow regulations in health insurance claim settlements.

MCPCBs Classifiable as LED Components Under CTH 85340000, Not Lighting Fixtures Under CTH 94054090

April 9, 2025 129 Views 0 comment Print

Aggrieved by this decision, assessee appealed to Commissioner of Customs (Appeals), who ruled in its favor, restoring the original classification under CTH 85340000 and setting aside the penalty and confiscation order.

JNCH Rescinds Notice on Bangladesh Export Transshipment

April 9, 2025 174 Views 0 comment Print

JNCH withdraws Public Notice 101/2024 regarding Bangladesh export cargo transshipment via Nhava Sheva, effective immediately.

No Forfeiture of Security Deposit for declaration Non-Filing as per Circular 16/2009-Customs

April 9, 2025 204 Views 0 comment Print

CESTAT Mumbai held that failure to file declaration detailing particulars of supplier of goods as prescribed in circular no. 16/2009-Customs dated 25th May 2009 is technical irregularity.

Addition based on dumb seized document not sustainable: ITAT Delhi

April 9, 2025 3984 Views 0 comment Print

ITAT Delhi held that seized document merely indicates some rates than pinpointing any specific on-money payment or receipt; as the case may be, involving the assessee. Thus, addition is liable to be deleted.

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