![DRAT directs Borrowers to pay to Canara Bank Rs.10.50 Cr towards Loan Due [Read Order]](https://images.taxscan.in/h-upload/2025/08/26/500x300_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]")
DRAT directs Borrowers to pay to Canara Bank Rs.10.50 Cr towards Loan Due [Read Order]
The Chennai bench of the Debts Recovery Appellate Tribunal(DRAT) directed the borrowers to pay to Canara Bank Rs.10.50 Cr towards loan due...
![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]")
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]")
Discrepancies in Interest Income Data on E-Portal: Bombay HC quashes Notice u/s 148 of Income Tax Act [Read Order]
The Bombay High Court quashed a notice issued under Section 148 of the Income Tax Act, 1961, after discovering discrepancies in the interest income data provided by the electronic system. The...
![Discrepancies in Interest Income Data on E-Portal: Bombay HC quashes Notice u/s 148 of Income Tax Act [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/08/Bombay-High-Court-Income-Tax-Act-Interest-Income-Data-on-E-Portal-Income-Tax-E-Portal-Taxscan.jpg "Discrepancies in Interest Income Data on E-Portal: Bombay HC quashes Notice u/s 148 of Income Tax Act [Read Order]")
Attachment on Cash Credit of Assessee under GST Act: Delhi HC directs Bank to Comply Instructions to Vacate
The Delhi High Court directed the assesee’s bank, Canara Bank to comply with the instruction to vacate while executing the order for attachment on cash credit of the assessee under the Goods and...
