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Bangalore ITAT Rules Demonetised Notes for Loan Recovery Not Taxable Under Section 68
The Bangalore ITAT ruled that demonetised notes deposited for loan recovery are not taxable under Section 68, offering major relief to cooperatives.
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Misuse of SARFAESI Act: Borrower Concerns and Banking Practices
Explore how banks balance aggressive debt recovery under the SARFAESI Act with fair treatment and essential legal protections for borrowers.
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Understanding the Order to Cash Cycle: Process, Controls and Metrics
Business organizations worldwide are increasingly focusing on optimizing their Order to Cash (O2C) cycles to enhance operational efficiency and liquidity. According to recent reports, the O2C framework encompasses every step…
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Legal Proceedings Involve Preet Land Promoters and Dastkar Co-operative Society in Mohali
Discover the complex legal battle in Mohali involving Preet Land Promoters and Dastkar Co-operative Society as key corporate leaders face scrutiny.
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Legal Proceedings Unfold in National Company Law Tribunal Involving Hannu Steel and Rathi Powertech
Explore the latest NCLT legal developments as Hannu Steel and Rathi Powertech face off in a significant corporate dispute in New Delhi.
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Service Tax Appeal Involving Municipal Council Malout Listed for Hearing in Ludhiana
Discover how the Municipal Council of Malout is challenging a key service tax decision at the Central Excise and Service Tax office in Ludhiana.
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Hyderabad ITAT Rules Reassessment on Same Material Constitutes Change of Opinion
The Hyderabad Bench of the Income Tax Appellate Tribunal (ITAT) has issued a significant ruling concerning tax reassessment procedures. According to official reports, the tribunal quashed a tax reopening notice…
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National Consumer Disputes Redressal Commission Reviewes PNB Metlife Insurance Compensation Dispute
On August 7, 2026, the National Consumer Disputes Redressal Commission addressed a revision petition filed by Ramanathan M. against PNB Metlife India Insurance Company Limited. The legal proceeding stems from…
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Chandigarh Consumer Commission Appeals Witness Legal Challenge Over Relief Enhancement
Discover how a Chandigarh consumer appeal challenges a previous court ruling to demand higher compensation and better justice for buyers.
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IFCI Limited Challenges Resolution Plan and Distribution Ruling in Corporate Insolvency Case
IFCI Limited appeals a court ruling that blocks dissenting minority creditors from challenging corporate insolvency resolution plans.