RBI’s Move to Ease Acquisition Financing Restrictions Boosts to Real Economy
The ReserveBank of India’s decision to lift curbs on acquisition financing by banks is expected to unlock new avenues for strategic lending and...
![Fiduciary Bar on Minutes and Voting Record Disclosure: IBBI Declines RTI Appeal seeking CoC Voting Results [Read Order]](https://images.taxscan.in/h-upload/2025/11/06/250x150_2102838-fiduciary-bar-voting-record-disclosure-ibbi-declines-rti-appeal-coc-voting-results-txn.webp "Fiduciary Bar on Minutes and Voting Record Disclosure: IBBI Declines RTI Appeal seeking CoC Voting Results [Read Order]")
![Blocking of ITC Cannot Exceed Available Balance, Creation of Negative Credit Ledger Entries Unlawful: Punjab & Haryana HC [Read Order]](https://images.taxscan.in/h-upload/2025/11/08/250x150_2103286-itc-blocked-taxscan.webp "Blocking of ITC Cannot Exceed Available Balance, Creation of Negative Credit Ledger Entries Unlawful: Punjab & Haryana HC [Read Order]")
![Bombay HC Grants Interim Relief to United Spirits: Stays Interest Recovery Under Goa VAT Act Pending Clarity on ENA Taxability [Read Order]](https://images.taxscan.in/h-upload/2025/11/07/250x150_2103020-bombay-hc-interest-recovery-goa-vat-act-vat-act-ena-taxability-interim-relief-to-united-spirits-taxscan.webp "Bombay HC Grants Interim Relief to United Spirits: Stays Interest Recovery Under Goa VAT Act Pending Clarity on ENA Taxability [Read Order]")
![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]")
Madras HC Allows Trust's Petition to Condone 151-Day Delay in Filing Form 10B on Condition of Donation to Blue Cross of India [Read Order]
The Madras High Court allowed the petition to condone a 151-day delay in filing the income tax Form 10B, subject to the condition that the Trust donates ₹25,000 to the Blue Cross of India within 30 ...
![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/2025/11/07/500x300_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]
The Bombay High Court at Goa granted interim relief to Janaseva Urban Cooperative Credit Society Limited and restrained the Income Tax Department from taking coercive recovery measures in the...
![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/2025/11/06/500x300_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]")