RBI Imposes ₹31.8 Lakh Penalty on Bank of Maharashtra for Aadhaar e-KYC Norm Violations
The Reserve Bank of India ( RBI ) fined the Bank of Maharashtra Rs. 31.80 lakh for not following the rules properly while opening bank accounts using...
![RBI Notifies Revised Guidelines for Opening and Operation of Minors’ Bank Accounts [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/04/Reserve-Bank-of-India-RBI-banking-norms-for-minors-Bank-Accounts-taxscan.jpg "RBI Notifies Revised Guidelines for Opening and Operation of Minors’ Bank Accounts [Read Notification]")
![Kerala HC directs Income Tax Commissioner to Dispose of Appeal against Income Tax Assessment Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/03/Kerala-HC-Income-Tax-Commissioner-Dispose-Appeal-Income-Tax-Assessment-Order-taxscan.jpg "Kerala HC directs Income Tax Commissioner to Dispose of Appeal against Income Tax Assessment Order [Read Order]")
Cash Deposits made from Sale Proceeds: ITAT directs Deletion of S.69 Income Tax Additions [Read Order]
The Income Tax Appellate Tribunal ( ITAT ), Visakhapatnam in a recent matter directed the Assessing Officer (AO) to delete additions made under Section 69A read with Section 115BBE of the Income Tax...
![Cash Deposits made from Sale Proceeds: ITAT directs Deletion of S.69 Income Tax Additions [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/Cash-Deposits-Sale-Proceeds-ITAT-Deletion-Income-Tax-Additions-taxscan.jpg "Cash Deposits made from Sale Proceeds: ITAT directs Deletion of S.69 Income Tax Additions [Read Order]")
Freezing of Bank Accounts on Intimation from Police Authorities: Kerala HC directs Freezing to extent of Amounts mentioned in Order [Read Order]
The Kerala High Court directed the freezing to extend of amounts mentioned in the matter relating to the freezing of bank accounts on intimation from the Police authorities. The petitioners are...
Fraudulent GST ITC Claims: Noida Sector 20 Police nabs Three, recovers Maserati Car and Five other Luxury Vehicles
In a joint operation involving officials from the Sector 20 police station and the Noida crime response team, three individuals were apprehended in connection with a ₹10,000 crore GST irregularities...
Kerala HC quashes Reopening of Assessment u/s 147 IT Act based on Deposits made in Bank Accounts of Third Parties [Read Order]
In a recent decision, a Division bench of the Kerala High Court held that, no proceedings under Section 148 of the Income Tax Act could be continued against the petitioner for deposits of amounts in...
