![DRAT Transfers ₹100 Cr Debt Recovery Case to DRT, Rejects Canara Banks Attempt to Split Jurisdiction [Read Order]](https://images.taxscan.in/h-upload/2025/10/03/500x300_2093456-drat-debt-recovery-drt-canara-bank-taxscan.webp "DRAT Transfers ₹100 Cr Debt Recovery Case to DRT, Rejects Canara Banks Attempt to Split Jurisdiction [Read Order]")
DRAT Transfers ₹100 Cr Debt Recovery Case to DRT, Rejects Canara Bank's Attempt to Split Jurisdiction [Read Order]
The Chennai bench of the Debt Recovery Appellate Tribunal (DRAT), in a ruling rejecting the CanaraBank’s attempt to split jurisdiction, ordered the...
![NCLT Barred from Adjudicating on Limitation in S. 95 Applications before Appointment of Resolution Professional: NCLAT allows appeal filed by Canara Bank [Read Order]](https://images.taxscan.in/h-upload/2025/09/30/250x150_2092768-nclt-adjudicating-on-limitation-appointment-of-resolution-taxscan.webp "NCLT Barred from Adjudicating on Limitation in S. 95 Applications before Appointment of Resolution Professional: NCLAT allows appeal filed by Canara Bank [Read Order]")
![DRAT directs Borrowers to pay to Canara Bank Rs.10.50 Cr towards Loan Due [Read Order]](https://images.taxscan.in/h-upload/2025/08/26/250x150_2080725-drat-canara-bank-loan-due-drat-order-loan-due-of-canara-bank-taxscan.webp "DRAT directs Borrowers to pay to Canara Bank Rs.10.50 Cr towards Loan Due [Read Order]")
![Delhi HC Grants Interim Relief to Borrower in Canara Bank Dispute, Directs No Coercive Action for Two Weeks [Read Order]](https://images.taxscan.in/h-upload/2025/07/21/250x150_2067031-canara-bank-dispute-taxscan.webp "Delhi HC Grants Interim Relief to Borrower in Canara Bank Dispute, Directs No Coercive Action for Two Weeks [Read Order]")
RBI Appoints Kesavan Ramachandran as New Executive Director: In-Charge of Department of Regulation (Prudential Regulation Division)
The Reserve Bank of India (RBI) has announced the appointment of Kesavan Ramachandran as Executive Director (ED) with effect from July 1, 2025. The appointment was announced via an official...
Govt Notifies Major Amalgamation of RRBs Across Four States and UT: Andhra, Bihar, Gujarat, Karnataka, and J&K [Read Notification]
The Ministry of Finance has issued four notifications, S.O. 1625(E) to S.O. 1629(E), dated April 5, 2025, announcing the amalgamation of multiple Regional Rural Banks ( RRBs ) in Andhra Pradesh,...
![Govt Notifies Major Amalgamation of RRBs Across Four States and UT: Andhra, Bihar, Gujarat, Karnataka, and J&K [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/04/Amalgamation-RRBs-Across-Four-States-and-UT-taxscan.jpg "Govt Notifies Major Amalgamation of RRBs Across Four States and UT: Andhra, Bihar, Gujarat, Karnataka, and J&K [Read Notification]")
ITAT Directs AO to Delete Rs. 41.47 Lakh Addition for Unexplained Property Investment After Verifying Source of Funds [Read Order]
The Delhi Bench of Income Tax Appellate Tribunal(ITAT) directed the Assessing Officer (AO) to delete the addition of Rs. 41.47 lakh for unexplained property investment after verifying the source of...
![ITAT Directs AO to Delete Rs. 41.47 Lakh Addition for Unexplained Property Investment After Verifying Source of Funds [Read Order]](https://www.taxscan.in/wp-content/uploads/2025/02/ITAT-Directs-AO-Addition-Unexplained-Property-Investment-Verifying-Source-of-Funds-TAXSCAN.jpg "ITAT Directs AO to Delete Rs. 41.47 Lakh Addition for Unexplained Property Investment After Verifying Source of Funds [Read Order]")
Bombay HC restricts Canara Bank from including Tax Lawyer’s name in CIBIL List of ‘Wilful Defaulters’
The Bombay High Court recently ordered a stay, restricting Canara Bank from undertaking further steps to include arraigned taxation lawyer Anil Harish’s name in the list of wilful defaulters...
ICAI dismisses Forensic Audit Report Signature Forgery Allegations against CA for Lack of Corroborative Evidence [Read Order]
The Institute of Chartered Accountants ( ICAI ) recently dismissed allegations claiming forgery of signature on forensic audit reports leveled against a Chartered Accountant ( CA ), citing the lack...
ITAT deletes ₹9.84 Lakh Addition u/s 69A after Verifying Cash Deposits Linked to ₹10 Lakh Earlier Withdrawal, not Additional Income [Read Order]
The Bangalore Bench of Income Tax Appellate Tribunal ( ITAT ) deleted Rs.9.84 Lakh addition made under Section 69A of the Income Tax Act, 1961 after verifying that the cash deposits were from Rs. 10...
![ITAT deletes ₹9.84 Lakh Addition u/s 69A after Verifying Cash Deposits Linked to ₹10 Lakh Earlier Withdrawal, not Additional Income [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/09/Income-Tax-cash-deposits-Section-69A-of-Income-Tax-Act-TAXSCAN.jpg "ITAT deletes ₹9.84 Lakh Addition u/s 69A after Verifying Cash Deposits Linked to ₹10 Lakh Earlier Withdrawal, not Additional Income [Read Order]")