EPFO Locks 25% of PF Corpus Until Retirement: Do the 2025 Rules Ease or Restrict Withdrawals?
The Employees’ Provident Fund Organisation ( EPFO ) has introduced a major overhaul of withdrawal norms through the EPFO Withdrawal Rules 2025....
![Supreme Court to Decide Customs Appeal for Dispute of Classification of Fish Oil Ethyl Esters [Read Judgement]](https://images.taxscan.in/h-upload/2025/11/04/250x150_2102270-supreme-court-customs-appeal-fish-oil-ethyl-esters-taxscan.webp "Supreme Court to Decide Customs Appeal for Dispute of Classification of Fish Oil Ethyl Esters [Read Judgement]")
![ITAT Upholds ITR of Aishwarya Rai Bachchan, Deletes ₹4.11 Crore Disallowance u/s 14A [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/250x150_2102268-itat-itr-aishwarya-rai-bachchan-disallowance-taxscan.webp "ITAT Upholds ITR of Aishwarya Rai Bachchan, Deletes ₹4.11 Crore Disallowance u/s 14A [Read Order]")
![Non-Consideration of Sundry Creditors Ledgers: Delhi HC Sets Aside ₹80.9 Cr GST Demand, Remands Case for Reconsideration [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/250x150_2102202-sundry-creditors-ledgers-delhi-hc-gst-demand-remands-case-reconsideration-taxscan.webp "Non-Consideration of Sundry Creditors Ledgers: Delhi HC Sets Aside ₹80.9 Cr GST Demand, Remands Case for Reconsideration [Read Order]")
![Non-Service of SCN: Gauhati HC Sets Aside ₹16.37 Lakh Service Tax Demand, Orders Fresh Adjudication [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/250x150_2102204-fresh-adjudication-taxscan.webp "Non-Service of SCN: Gauhati HC Sets Aside ₹16.37 Lakh Service Tax Demand, Orders Fresh Adjudication [Read Order]")
TDS Mismatch on Commission Income Compared to Form 26AS: ITAT Upholds Deletion of ₹2.16 Crore Addition citing Audited Books [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) confirmed the deletion of an addition of ₹2,16,27,822 made under Section 69A of the Income Tax Act, 196 due to a mismatch between the ...
![TDS Mismatch on Commission Income Compared to Form 26AS: ITAT Upholds Deletion of ₹2.16 Crore Addition citing Audited Books [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102169-tds-commission-income-form-26as-taxscan.webp "TDS Mismatch on Commission Income Compared to Form 26AS: ITAT Upholds Deletion of ₹2.16 Crore Addition citing Audited Books [Read Order]")
No Defect in Books Found: ITAT Upholds Deletion of Ad-Hoc 5% Disallowance on Various Business Expenses [Read Order]
The Jaipur Bench of the Income Tax Appellate Tribunal (ITAT) confirmed the deletion of an ad-hoc disallowance of 5% of various business expenses made under Section 37(1) of the Income Tax Act, 1961....
![No Defect in Books Found: ITAT Upholds Deletion of Ad-Hoc 5% Disallowance on Various Business Expenses [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102187-itat-disallowance-business-expenses-various-business-expenses-no-defect-in-books-found-taxscan.webp "No Defect in Books Found: ITAT Upholds Deletion of Ad-Hoc 5% Disallowance on Various Business Expenses [Read Order]")
Identical Gold Chains Not Personal Effects: Delhi HC says Travellers Liable to Declare and Pay Duty [Read Order]
The Delhi High Court has held that gold chains carried by passengers returning from Dubai cannot be treated as “personal effects” to be exempt from declaration under customs law. Thus, the...
![Identical Gold Chains Not Personal Effects: Delhi HC says Travellers Liable to Declare and Pay Duty [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102207-identical-gold-chains-delhi-hc-travellers-liable-pay-duty-taxscan.webp "Identical Gold Chains Not Personal Effects: Delhi HC says Travellers Liable to Declare and Pay Duty [Read Order]")
Notional Interest Cannot Be Added to Fair Rent u/s 23: Bombay HC Upholds AO’s ₹22 Lakh Market Valuation Using Comparable Instances [Read Order]
Reaffirming settled law under Section 23(1)(a) of the Income Tax Act, in a recent case, the Bombay High Court has held that notional interest on security deposits cannot be considered in determining...
![Notional Interest Cannot Be Added to Fair Rent u/s 23: Bombay HC Upholds AO’s ₹22 Lakh Market Valuation Using Comparable Instances [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102146-fair-rent-hc-taxscan.webp "Notional Interest Cannot Be Added to Fair Rent u/s 23: Bombay HC Upholds AO’s ₹22 Lakh Market Valuation Using Comparable Instances [Read Order]")
Attendance Shortage Can’t Bar Law Students From Exams: Delhi HC Orders UGC Regulations Review [Read Order]
In a recent ruling, the Delhi High Court held that law students cannot be barred from appearing in examinations solely because of attendance shortage and directed the University Grants Commission...
![Attendance Shortage Can’t Bar Law Students From Exams: Delhi HC Orders UGC Regulations Review [Read Order]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102226-bar-law-attendance-taxscan.webp "Attendance Shortage Can’t Bar Law Students From Exams: Delhi HC Orders UGC Regulations Review [Read Order]")
ICAI Proposes Major Reforms to CA Ethics Code: Higher Audit Limits and Advertising Flexibility [Read Draft]
The Institute of Chartered Accountants of India ( ICAI ) has proposed sweeping reforms to its Code of Ethics, aiming to give chartered accountants greater professional flexibility and enhance the...
![ICAI Proposes Major Reforms to CA Ethics Code: Higher Audit Limits and Advertising Flexibility [Read Draft]](https://images.taxscan.in/h-upload/2025/11/04/500x300_2102220-icai-proposes-icai-proposes-major-reforms-reforms-to-ca-ethics-taxscan.webp "ICAI Proposes Major Reforms to CA Ethics Code: Higher Audit Limits and Advertising Flexibility [Read Draft]")