The Supreme Court quashed an FIR against MP Imran Pratapgadhi, emphasizing courts’ and police’s duty to protect freedom of speech under Article 19(1)(a).
RBI releases updated Master Circular on bank finance to NBFCs. Consolidates existing instructions, no new guidelines in this revision.
RBI releases updated Master Circular for Urban Co-operative Banks, consolidating income recognition and asset classification guidelines up to March 2025.
ITAT Pune addressed appeal delay in Altekar vs. ITO, focusing on unexplained fixed deposits and CIT(A)’s limitation dismissal.
RBI releases updated master circular on loan income recognition, asset classification, and provisioning norms, consolidating directives till March 2025.
ITAT Ahmedabad addressed unexplained cash deposits during demonetization in Jaisinghani vs. ITO, focusing on Sec. 69A and 115BBE.
RBI updates Master Circular on Guarantees & Co-Acceptances for 2025, consolidating existing guidelines for banks. No new instructions introduced.
CESTAT Kolkata sets aside customs duty order as authorities failed to provide test reports. Case remanded for fresh adjudication following natural justice principles.
RBI issues revised Master Circular for UCBs on guarantees, co-acceptances, and letters of credit, consolidating guidelines up to March 31, 2025.
ITAT Surat rejects revenue’s plea to recall an order under Section 254(2), stating review is beyond scope. Land classification and distance measurement upheld.
