The overview explains how India’s banking system is organised across public, private, and specialised banks under RBI supervision. It highlights core functions like lending, deposits, and payments while outlining challenges such as NPAs and cybersecurity risks.
The ROC penalized the company for filing incorrect AGM details in AOC-4 despite claiming it was inadvertent. The ruling confirms that even minor errors in statutory filings attract penalties.
The ROC penalized the company for reporting the wrong AGM date in two statutory filings. The ruling confirms that even inadvertent errors in multiple forms attract cumulative penalties.
The court examined whether tax paid during investigation can be treated as voluntary. It ruled that authorities must investigate coercion claims before treating such payments as voluntary.
The issue was whether delayed appeal against GST demand could still be filed. The court allowed the assessee to file appeal with delay condonation and directed consideration as per law.
The issue was whether delayed appeal against GST demand could be entertained. The court allowed filing of appeal with delay condonation and directed authorities to consider it as per law.
The issue was whether delayed appeal against GST order can still be entertained. The court allowed filing of appeal with delay condonation and directed the authority to consider it sympathetically.
The issue was whether delayed appeal against GST demand could be entertained. The court allowed filing of appeal with delay condonation and directed authorities to consider it sympathetically.
The issue is frequent additions arising from poor handling of notices. It highlights that improper or incomplete responses lead to penalties and adverse assessments.
The Tribunal held that reopening under Section 147 was invalid where it was based on third-party search material. It ruled that Section 153C was the correct legal route, leading to deletion of additions.
