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IRDAI Rejects Anatoly Broker Application Due to Promoter Disclosure Failures
IRDAI has officially rejected Anatoly's broker application following undisclosed promoter connections and regulatory violations linked to Kaveri.
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Net Direct Tax Collections Surge 13.21% Reaching Milestone in FY 2026-27
Net direct tax collections climbed 13.21% to Rs 13,37,866.98 crore for the financial year 2026-27 as of October 14, 2026, alongside an increase in refunds.
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Supreme Court Dismisses Revenue SLPs in Reliance Industries Amalgamation Tax Dispute
Supreme Court dismisses Revenue SLPs following a fresh tax notice in the Reliance Industries amalgamation tax dispute after Bombay HC ruling.
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Calcutta High Court Rules DRI Summons Disputes Under Customs Act Must Go To Revenue Roster Bench
Calcutta High Court determines that challenges regarding Directorate of Revenue Intelligence summons under the Customs Act belong to the Revenue roster bench.
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Madras High Court Rules GST Cannot Be Levied on Projected Revenue Before Construction
Madras HC rules that Goods and Services Tax cannot be imposed on projected revenue prior to construction. Read about the court order and fresh assessment.
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Understanding PMLA Attachment and Property Possession Rights During Trial
Explore how legal tribunals protect property possession during PMLA attachment proceedings while maintaining restrictions until trial conclusion.
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ITAT Mumbai Invalidates AY 2015-16 Reassessment Notice Based on Rajeev Bansal Ruling
ITAT Mumbai quashes AY 2015-16 reassessment for ₹80.05 lakh cash deposits, ruling the April 2022 Section 148 notice time-barred under Rajeev Bansal precedent.
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Indian Bank Reports 14.71 Percent Net Profit Increase in Q2 FY 2026-27
Discover Indian Bank financial results for Q2 FY 2026-27, highlighting a 14.71 percent rise in net profit according to official NSE filings.
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FEMA Penalty Reduced to 5 Lakh Rupees for Unexplained Foreign Currency
The SAFEMA Tribunal upholds FEMA violations and asset confiscation while reducing the penalty for holding unexplained foreign currency.
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ITAT Mumbai Quashes Rs 13.39 Crore Reassessment Due to Invalid Section 151 Approval
ITAT Mumbai sets aside a Rs 13.39 crore income tax reassessment for AY 2017-18 because the Section 148 notice lacked proper Section 151 approval.