Lender Banks must Furnish Copy of Audit Reports before Classifying Loan Account as Fraud: Gujarat HC [Read Order]
The Gujarat High Court observed that lender banks must furnish copy of audit reports before classifying loan account as fraud. The petitioners are...
![Relief to UTI India Fund Unit Scheme: ITAT grants Exemption u/S 10(23D) of Income Tax Act as Offshore Fund Scheme maintained is approved unit by SEBI [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/UTI-India-Fund-Unit-Scheme-ITAT-uS-1023D-of-Income-Tax-Actfund-scheme-SEBI-TAXSCAN.jpg "Relief to UTI India Fund Unit Scheme: ITAT grants Exemption u/S 10(23D) of Income Tax Act as Offshore Fund Scheme maintained is approved unit by SEBI [Read Order]")
![Departments of State including Excise and Revenue do not have Priority over Secured Creditors Debt: HP HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Excise-Revenue-Creditors-Debt-HP-High-Court-Himachal-Pradesh-High-Court-Secured-Creditors-taxscan.jpg "Departments of State including Excise and Revenue do not have Priority over Secured Creditors Debt: HP HC [Read Order]")
Relief to SBI, Disallowing Registration of Sale Certificate and Mutation Dehors Provision of SARFAESI Act: Himachal Pradesh HC [Read Order]
As a relief to the State Bank of India (SBI), the Himachal Pradesh High Court has held that disallowing registration of sale certificates and mutation dehors provision of the Securitisation and...
Bank Guarantee Furnishes against Demand for Customs Duty on Improper Import under EPCG Scheme: Kerala HC Dismisses Writ Petition in absence of Fraud or Irretrievable injury [Read Order]
In a recent case, the Kerala High Court dismissed the writ petition challenging the bank guarantee given against the demand due to customs duty in the absence of fraud or irretrievable injury to the...
![Bank Guarantee Furnishes against Demand for Customs Duty on Improper Import under EPCG Scheme: Kerala HC Dismisses Writ Petition in absence of Fraud or Irretrievable injury [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Bank-Guarantee-Furnishes-Demand-Customs-Duty-Improper-Import-EPCG-Scheme-Kerala-HC-Writ-Petition-Fraud-Irretrievable-injury-TAXSCAN.jpg "Bank Guarantee Furnishes against Demand for Customs Duty on Improper Import under EPCG Scheme: Kerala HC Dismisses Writ Petition in absence of Fraud or Irretrievable injury [Read Order]")
Rs. 900 Cr Restored to 3.5 Lakh Victims of Online Frauds: DFS Secretary Chairs Meeting on Cyber Security
The Indian Cyber Crime Coordination Center (I4C), under the Ministry of Home Affairs, presented the latest digital payment fraud statistics from the National Cyber Crime Reporting Portal (NCRP). The...
Madras HC directs Income Tax Dept to lift Attachment of Pension Account considering old Age of Pensioner [Read Order]
The Madras High Court directs the income tax department to lift the attachment of the pension account considering the age and ailment of the Pensioner. G.K.Reddy, the appellant/assessee filed a...
![Madras HC directs Income Tax Dept to lift Attachment of Pension Account considering old Age of Pensioner [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Madras-HC-Income-Tax-Dept-Madras-HC-directs-Income-Tax-Dept-Pension-Account-old-Age-of-Pensioner-taxscan.jpg "Madras HC directs Income Tax Dept to lift Attachment of Pension Account considering old Age of Pensioner [Read Order]")
Order passed by Adjudicating Authority can be appealed before Appellate Tribunal u/s 26 of PMLA: Delhi HC [Read Order]
The Delhi High Court held that any order passed by the adjudicating authority can be appealed before an appellate tribunal under section 26 of the Prevention of Money Laundering Act, 2002 ( PMLA). ...
![Order passed by Adjudicating Authority can be appealed before Appellate Tribunal u/s 26 of PMLA: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/10/Order-passed-Adjudicating-Authority-appealed-Appellate-Tribunal-PMLA-Delhi-HC-TAXSCAN.jpg "Order passed by Adjudicating Authority can be appealed before Appellate Tribunal u/s 26 of PMLA: Delhi HC [Read Order]")
Madras High Court Directs SBI to Pursue IBC Relief before NCLT over Attachment Order as Matter Involves Insolvency & Bankruptcy of Corporate Persons [Read Order]
The High Court of Madras has directed the State Bank of India (SBI) to pursue relief under the Insolvency and Bankruptcy Code, 2016 (IBC) before the National Company Law Tribunal (NCLT). The High...
![Madras High Court Directs SBI to Pursue IBC Relief before NCLT over Attachment Order as Matter Involves Insolvency & Bankruptcy of Corporate Persons [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Madras-High-Court-Directs-SBI-IBC-Relief-IBC-SBI-NCLT-over-Attachment-Order-Insolvency-and-Bankruptcy-of-Corporate-Persons-taxscan.jpg "Madras High Court Directs SBI to Pursue IBC Relief before NCLT over Attachment Order as Matter Involves Insolvency & Bankruptcy of Corporate Persons [Read Order]")
Power to order attachment of Bank Account under CGST Act is only on Commissioner: Delhi HC [Read Order]
“No order under Section 83 of the CGST Act can be passed by any officer other than the Commissioner and this can be done only if he is satisfied that it is necessary to pass such an order for...
![Power to order attachment of Bank Account under CGST Act is only on Commissioner: Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/08/Power-attachment-Bank-Account-CGST-Act-Commissioner-Delhi-HC-TAXSCAN.jpg "Power to order attachment of Bank Account under CGST Act is only on Commissioner: Delhi HC [Read Order]")