Assessee Can Challenge Extended Limitation Period Invoked in SCN During Tax Proceedings Following Discrepancy Noted in CAG Audit | HC

Case Details: Vedanta Ltd. vs. … Continue reading “Assessee Can Challenge Extended Limitation Period Invoked in SCN During Tax Proceedings Following Discrepancy Noted in CAG Audit | HC”

RBI Expands Scope of Priority Sector Lending Certificates to Strengthen Credit Flow to Weaker Sections Sub-Target

Circular no. RBI/2024-25/131 FIDD.CO.PSD.BC.No. 12/04.09.001/2024-25; … Continue reading “RBI Expands Scope of Priority Sector Lending Certificates to Strengthen Credit Flow to Weaker Sections Sub-Target”

RBI Issues Revised Guidelines on ‘Priority Sector Lending’ for Urban Cooperative Banks to Boost Credit Access

Circular no. RBI/2024-25/130 DOR.CRE.REC. 69/07.10.002/2024-25; … Continue reading “RBI Issues Revised Guidelines on ‘Priority Sector Lending’ for Urban Cooperative Banks to Boost Credit Access”

RBI Directs All ‘Currency Chest Holding Banks’ Dealing With Govt. Transactions to Remain Open on Monday, March 31, 2025

Circular no. RBI/2024-25/129 DCM (CC) … Continue reading “RBI Directs All ‘Currency Chest Holding Banks’ Dealing With Govt. Transactions to Remain Open on Monday, March 31, 2025”