https://www.taxtmi.com/caselaws?id=755661 ITAT Mumbai dismissed revenue's application seeking recall of tribunal order allowing delayed PF/ESIC deduction claims. Revenue argued recall was justified based on subsequent SC judgment in Checkmate Services P Ltd that ruled against such deductions. Tribunal held that finalized orders cannot be recalled or reviewed based on subsequent judgments that overrule earlier precedents relied upon. Citing SC precedent in Govt. of NCT of Delhi vs. K.L. Rathi Steels Limited, tribunal ruled that Section 254(2) powers are limited and cannot reopen matters that have attained finality between parties merely due to later adverse judgments. en-us Wed, 29 May 2024 00:00:00 +0530 Tue, 16 Jul 2024 08:59:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=755661 ITAT Mumbai dismissed revenue's application seeking recall of tribunal order allowing delayed PF/ESIC deduction claims. Revenue argued recall was justified based on subsequent SC judgment in Checkmate Services P Ltd that ruled against such deductions. Tribunal held that finalized orders cannot be recalled or reviewed based on subsequent judgments that overrule earlier precedents relied upon. Citing SC precedent in Govt. of NCT of Delhi vs. K.L. Rathi Steels Limited, tribunal ruled that Section 254(2) powers are limited and cannot reopen matters that have attained finality between parties merely due to later adverse judgments. Case-Laws Income Tax Wed, 29 May 2024 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=755661