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![RBI Notifies Removal of 19 Regional Rural Banks from the Second Schedule [Read Notification]](https://images.taxscan.in/h-upload/2025/11/14/500x300_2105163-rbi-regional-rural-banks-rural-banks-removal-of-19-regional-rural-banks-taxscan.webp "RBI Notifies Removal of 19 Regional Rural Banks from the Second Schedule [Read Notification]")
RBI Notifies Removal of 19 Regional Rural Banks from the Second Schedule [Read Notification]
The Reserve Bank of India (RBI) has issued a notification dated 8 October 2025, announcing that 19 Regional Rural Banks will be removed from the ...
New IBBI Regulation: Information Utility to Verify Debtor’s Details Before Default Record Issuance [Read Notification]
The Insolvency and Bankruptcy Board of India ( IBBI ) has issued new amendments to the IBBI (Information Utilities) Regulations. It has inserted a new provision 21A mandating the verification of...
ITAT quashes Order for deleting Disallowance of Educational Cess Claim u/s 115JB of IT Act without Proper Verification [Read Order]
The Kolkata bench of Income Tax Appellate Tribunal (ITAT) quashed the order passed by the commissioner of income tax( appeals) for deleting the disallowance of education cess claim made by the...
![ITAT quashes Order for deleting Disallowance of Educational Cess Claim u/s 115JB of IT Act without Proper Verification [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/06/ITAT-quashes-Order-for-deleting-Disallowance-of-Educational-Cess-of-IT-Act-without-proper-verification-ITAT-TAXSCAN-1.jpg "ITAT quashes Order for deleting Disallowance of Educational Cess Claim u/s 115JB of IT Act without Proper Verification [Read Order]")
Failure of AO to follow directions given by HC While issuing Notice u/s 148 Reopening Assessment invalidates Order, No Penalty: Bombay HC [Read Order]
The Bombay High Court (HC) in a significant judgement has held that the failure of the Assessing Officer(AO) to follow directions given by the HC while issuing notice under section 148 of...
![RBI notifies Exemptions to Provisions relating to NBFCs [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/05/RBI-Exemptions-NBFCs-Taxscan.jpg "RBI notifies Exemptions to Provisions relating to NBFCs [Read Notification]")
![MCA Notifies Amended Companies (Registration of Charges) Rules, 2022 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2022/04/MCA-Amended-Companies-Registration-Rules-Taxscan.jpg "MCA Notifies Amended Companies (Registration of Charges) Rules, 2022 [Read Notification]")
![RBI issues Master Circular on Bank Finance to Non-Banking Financial Companies [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/01/RBI-Issues-Master-circular-Bank-finance-Non-Banking-Financial-Companies-Taxscan.jpeg "RBI issues Master Circular on Bank Finance to Non-Banking Financial Companies [Read Circular]")
