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Archive: 04 September 2025

Posts in 04 September 2025

Delhi HC Orders Release of Gold Chains Detained at IGI Airport for Re-Export

September 4, 2025 369 Views 0 comment Print

The Delhi High Court orders the release of a foreign national’s gold chains, citing that used jewellery is a personal effect and customs failed to issue a notice.

Delhi HC Directs Customs to Release Seized Gold Bangles & Coins on Duty Payment

September 4, 2025 705 Views 0 comment Print

Delhi High Court directs Customs Department to release gold items seized from Mohammad Shahid ordering him to pay duties and charges for their release.

Supreme Court Upholds TOLA, Cites Rajeev Bansal

September 4, 2025 873 Views 0 comment Print

The Supreme Court of India has disposed of a Special Leave Petition, upholding the validity of TOLA by referencing its landmark judgment in the case of Union of India vs. Rajeev Bansal.

Good Internal Audit Report: Structure, Contents and Effectiveness

September 4, 2025 2391 Views 0 comment Print

Learn how to prepare an effective internal audit report that goes beyond compliance to add value. The guide covers structure, key components, and reporting techniques.

No Proof of Accommodation Entries, ₹3.62 Cr Addition Unsustainable

September 4, 2025 984 Views 0 comment Print

Tribunal confirmed CIT(A)’s view that alleged accommodation loans were not supported by bank statements. Reopening and addition u/s 69A struck down; Revenue’s case dismissed.

Blocking of ITC Ledger Is Not Recovery: Rajasthan HC Clarifies

September 4, 2025 480 Views 0 comment Print

Rajasthan High Court addresses Jai Bajrang Steel’s challenge to blocked ITC before appeal. Court directs petitioner to file appeal; blocking not deemed recovery.

Delhi High Court Allows CoC Meeting Amidst Pending NCLT Case

September 4, 2025 366 Views 0 comment Print

The Delhi High Court allows a Resolution Professional to hold a CoC meeting, ruling that all decisions are subject to the outcome of a pending NCLT proceeding.

Calcutta HC Directs ROC to Decide on Removal of Director

September 4, 2025 1185 Views 0 comment Print

The Calcutta High Court has ordered the Registrar of Companies to decide on a director’s removal despite a pending NCLT case, clarifying the ROC’s duty under company law.

56th GST Council: Rate Changes and Reforms

September 4, 2025 34479 Views 4 comments Print

56th GST Council meeting addressed significant changes in GST rates for both goods and services, alongside measures aimed at trade facilitation and relief for individuals, common person, and aspirational middle class.

FAQs 1 on decisions of 56th GST Council Meeting

September 4, 2025 15594 Views 2 comments Print

Key FAQs on GST rate changes from the 56th GST Council, covering goods, services, vehicles, and exemptions effective from 22 September 2025.

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