EPFO’s campaign (Nov 2025–Apr 2026) allows employers to enroll employees missed from 2017 to 2025. Pay only employer’s share and ₹100 damage for compliance.
Tribunal upheld CIT(A)’s view that assessments for AYs 2013-14 to 2015-16 fell outside permissible six-year block under Section 153C. Additions made by AO were held time-barred and without jurisdiction.
ITAT Delhi dismissed the Revenue’s appeal, ruling that the assessment under Section 153C was time-barred because the block period must be calculated from the date the Assessing Officer (AO) of the non-searched person received the seized material. The ruling confirms that the date of the original search is irrelevant for non-searched persons.
ITAT Delhi ruled that Section 50C, which allows revaluing property based on circle rates, applies only to the seller in a transfer, not the buyer in a slump sale governed by Section 50B. The Tribunal held that goodwill is depreciable, but its value must be verified by the Departmental Valuation Officer (DVO).
Summary of Companies Act, Section 21: KMPs (CEO, CFO, CS) must have Board authorization to authenticate company documents. Crucial for legal compliance and validity.
Bar Council of India amended Rule 4 on Member disqualification: Advocates are now ineligible only if two or more serious criminal cases are pending before the election.
The ICC is criticized for disproportionately targeting African states while ignoring great power crimes. Structural bias and political interference threaten its goal of global justice.
India’s Customs Notification 45/2025 consolidates 31 duty exemptions into a single reference. It clarifies BCD/IGST relief for EVs, medical goods, and project imports.
AI integration (GSTN, Project Insight, Faceless Assessment) is transforming Indian tax administration, improving fraud detection, but faces hurdles in infrastructure and ethics.
ITAT rules LRD trading and after-sales services are functionally inseparable for TP. Mechanical segregation rejected; TNMM must be applied at the entity level on an aggregated basis.
