IFSCA launched the Foreign Currency Settlement System (FCSS), operated by CCIL IFSC Ltd. The system settles USD transactions ...

RBI includes State and Central Co-operative Banks under the Integrated Ombudsman Scheme, 2021, effective November 1, 2025, for customer grievance ...

Kerala High Court dismisses RTI appeal by Dhananjay Gaikwad; IBBI provided all information under its control, no new data required under RTI ...

ITAT Pune remands ESOP tax dispute, citing AO/CIT(A) failure to verify year of acquisition and valuation errors, directing ...

CBIC introduced system-based auto-approval for IFSC code registration, ending manual port-level checks. This streamlines the process for exporters to get incentives faster and enhances Ease of Doing ...

The Karnataka High Court ruled that when reassessment is based solely on material seized from a third-party search, the Income Tax Department must follow the specific procedure under Section 153C of ...

Karnataka HC upheld the deletion of a ₹7 Cr addition under Section 68, ruling that ITAT’s findings on the creditworthiness and genuineness of share purchasers were factual and not ...

Kerala High Court rules employees cannot claim TDS credit if employer fails to deposit deducted tax; directs IT Dept to act against defaulting ...

ITAT Mumbai set aside a cryptic CIT(A) order and remanded the entire case to the AO, directing a de novo inquiry into unexplained fixed deposits, cash, and flat investment after admitting new bank ...

CBIC seeks urgent nominations (AC to Addl. Commissioner) for the India-EU P2P-U.S. Strategic Trade Control (STC) Advanced Licensing and Enforcement Exchange in Brussels (Dec ...

The Karnataka High Court ruled in favor of United Spirits Ltd., directing the DCIT to immediately refund ₹60.45 crore. The court held that the adjustment of the refund against a non-existent and ...

Kerala High Court upholds life sentence for acid attack on wife and children, directs State to pay Rs 3 lakh compensation to each ...