![Finance Ministry Allows Aadhaar-Based Verification for Central KYC [Read Notification]](https://images.taxscan.in/h-upload/2025/11/07/500x300_2103148-finance-ministry-aadhaar-based-verification-central-kyc-txscan.webp "Finance Ministry Allows Aadhaar-Based Verification for Central KYC [Read Notification]")
Finance Ministry Allows Aadhaar-Based Verification for Central KYC [Read Notification]
The Ministry of Finance (Department of Financial Services) has issued Notification No. S.O. 5034(E) dated November 6, 2025, allowing the Central...
![Madras HC Allows Trusts Petition to Condone 151-Day Delay in Filing Form 10B on Condition of Donation to Blue Cross of India [Read Order]](https://images.taxscan.in/h-upload/2025/11/07/250x150_2102965-condones-delay-taxscan.webp "Madras HC Allows Trusts Petition to Condone 151-Day Delay in Filing Form 10B on Condition of Donation to Blue Cross of India [Read Order]")
![Bombay HC Grants Interim Relief to Co-operative Credit Society, Restrains Coercive Recovery in Section 80P Deduction Disallowance Dispute [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102722-bombay-high-court-co-operative-credit-society-restrains-coercive-taxscan.webp "Bombay HC Grants Interim Relief to Co-operative Credit Society, Restrains Coercive Recovery in Section 80P Deduction Disallowance Dispute [Read Order]")
‘ICAI Turning into Tughluq’s Regime’: Chartered Accountant Criticizes saying ‘They may even introduce Monthly Exam’
A Chartered Accountant’s viral post strongly criticising the Institute of Chartered Accountants of India (ICAI) went viral among the CA fraternity, which warned that the profession's future is being...
Proceedings Must Comply with Faceless Reassessment Procedure under Amended IT Act: Bombay HC Stays Old Notices [Read Order]
The Bombay High Court at Goa dealt with a series of writ petitions challenging reassessment notices issued under Section 148 of the Income Tax Act, 1961. The petitions were directed against notices...
![Proceedings Must Comply with Faceless Reassessment Procedure under Amended IT Act: Bombay HC Stays Old Notices [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102731-faceless-reassessment-reassessment-it-act-bombay-hc-old-notices-taxscan.webp "Proceedings Must Comply with Faceless Reassessment Procedure under Amended IT Act: Bombay HC Stays Old Notices [Read Order]")
PCIT cannot use Suo Motu Revisional Power u/s 263 if AO has Allowed Deductions after Investigation: Kerala HC grants Relief to Apollo Tyres [Read Order]
The Kerala High Court recently granted relief to Apollo Tyres, holding that the Principal Commissioner of Income Tax (PCIT) cannot invoke suo motu revisional powers under Section 263 of the Income...
![PCIT cannot use Suo Motu Revisional Power u/s 263 if AO has Allowed Deductions after Investigation: Kerala HC grants Relief to Apollo Tyres [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102753-pcit-suo-motu-revisional-power-apollo-tyres-relief-to-apollo-tyres-taxscan.webp "PCIT cannot use Suo Motu Revisional Power u/s 263 if AO has Allowed Deductions after Investigation: Kerala HC grants Relief to Apollo Tyres [Read Order]")
Patents Act Trumps Competition Law: NCLAT rules CCI has No Jurisdiction in Patent Rights Disputes [Read Order]
The National Company Law Appellate Tribunal ( NCLAT ) has held that the Patents Act, 1970, as a special statute, prevails over the Competition Act, 2002, and that the Competition Commission of India...
![Patents Act Trumps Competition Law: NCLAT rules CCI has No Jurisdiction in Patent Rights Disputes [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102698-patents-act-trumps-competition-law-nclat-rules-cci-no-jurisdiction-patent-rights-disputes-txn.webp "Patents Act Trumps Competition Law: NCLAT rules CCI has No Jurisdiction in Patent Rights Disputes [Read Order]")
IBBI Issues Circular Requiring IPs to File Undertaking before PMLA Special Courts for Restitution of ED-Attached Assets [Read Circular]
The Insolvency and Bankruptcy Board of India ( IBBI ) has issued a circular dated 4 November 2025 mandating that Insolvency Professionals (IPs) must file a standard undertaking before Special...
![IBBI Issues Circular Requiring IPs to File Undertaking before PMLA Special Courts for Restitution of ED-Attached Assets [Read Circular]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102675-ibbi-ed-pmla-taxscan.webp "IBBI Issues Circular Requiring IPs to File Undertaking before PMLA Special Courts for Restitution of ED-Attached Assets [Read Circular]")
Delhi HC Orders Release of 464 Grams of Gold of Uzbek Nationals Despite Delay in Paying Redemption Fine [Read Order]
In a recent ruling, the Delhi High Court directed the Customs Department to release 464 grams of seized gold belonging to two Uzbek nationals after allowing them to pay the redemption fine, even ...
![Delhi HC Orders Release of 464 Grams of Gold of Uzbek Nationals Despite Delay in Paying Redemption Fine [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/500x300_2102661-redemption-fine-taxscan.webp "Delhi HC Orders Release of 464 Grams of Gold of Uzbek Nationals Despite Delay in Paying Redemption Fine [Read Order]")
CBI Court Sentences 2 Retd. SBI Officials to 3-Year Jail Term in ₹5.7 Crore Bank Fraud Case from 2010
The Special CBI Court (West), Lucknow has convicted and sentenced two officials that retired from the State Bank of India (SBI) and a Lucknow-based private company in a fifteen-year old bank fraud...
