![Punjab National Bank Appointed as Official Liquidator for 32 Defunct Banks by Calcutta HC [Read Order]](https://images.taxscan.in/h-upload/2025/06/04/500x300_2041215-punjab-national-bank-calcutta-hc-taxscan.webp "Punjab National Bank Appointed as Official Liquidator for 32 Defunct Banks by Calcutta HC [Read Order]")
Punjab National Bank Appointed as Official Liquidator for 32 Defunct Banks by Calcutta HC [Read Order]
The Ministry of Finance (Department of Financial Services) issued Notification No. S.O. 2476(E) dated June 3, 2025, announcing the appointment of ...
![Business Loss Claim by Punjab National Bank on Held-To-Maturity Securities u/s 45(2) of Income Tax Act: Delhi HC Remands Case to AO for Reassessment [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/12/Income-Tax-Delhi-High-Court-Income-Tax-Act-Punjab-National-Bank-TAXSCAN.jpg "Business Loss Claim by Punjab National Bank on Held-To-Maturity Securities u/s 45(2) of Income Tax Act: Delhi HC Remands Case to AO for Reassessment [Read Order]")
RP Failed to Examine issue of Reconstitution of CoC: NCLAT directs NCLT to decide after Considering Reply [Raed Order]
In a recent case, the National Company Law Appellate Tribunal ( NCLAT ) directed the National Company Law Tribunal ( NCLT ) to decide after considering the reply since the Resolution Professional (...
Disclosure of Address and Identity of Shareholders not Sufficient u/s 68 of Income Tax: ITAT Dismisses Appeal [Read Order]
The Delhi bench of the Income Tax Appellate Tribunal ( ITAT ) dismissed an appeal, emphasizing that the mere disclosure of addresses and identities of shareholders was not sufficient under section 68...
![Disclosure of Address and Identity of Shareholders not Sufficient u/s 68 of Income Tax: ITAT Dismisses Appeal [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/ITAT-Delhi-Income-Tax-Tax-news-identity-of-shareholders-taxscan.jpg "Disclosure of Address and Identity of Shareholders not Sufficient u/s 68 of Income Tax: ITAT Dismisses Appeal [Read Order]")
Successful Auction Purchaser In Liquidation Proceedings Entitled For Certain Consequential Reliefs: NCLAT Rules in Matter of Punjab National Bank International [Read Order]
In the matter of Punjab National Bank (International Limited), the National Company Law Appellate Tribunal (“NCLAT”) has ruled that the successful auction purchaser in liquidation proceedings is...
CBIC notifies Coastal Conversion Provisions for Foreign Vessels with Reconversion Clause within 6 months [Read Notification]
The central Board of Indirect taxes and Customs (CBIC) vide notification no. 60/2023-Customs issued on 19th October 2023 have notified the provisions for coastal conversion of foreign vessels with a...
CBIC notifies Phased Implementation of Electronic Cash Ledger (ECL) in Customs from April 1 [Read Circular]
The Central Board of Indirect Taxes and Customs (CBIC) has notified the phased implementation of Electronic Cash Ledger (ECL) in the Customs Regime from April 1 onwards. The Customs Electronic...
![CBIC notifies Phased Implementation of Electronic Cash Ledger (ECL) in Customs from April 1 [Read Circular]](https://www.taxscan.in/wp-content/uploads/2023/03/CBIC-notifies-Implementation-Electronic-Cash-Ledger-ECL-Customs-TAXSCAN.jpg "CBIC notifies Phased Implementation of Electronic Cash Ledger (ECL) in Customs from April 1 [Read Circular]")