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ITAT Panaji Quashes Penny-Stock Reassessment for Borrowed Satisfaction
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ITAT Panaji Quashes Penny-Stock Reassessment for Borrowed Satisfaction

The Income Tax Appellate Tribunal (ITAT) in Panaji recently delivered a significant ruling by setting aside a tax reassessment proceeding involving alleged penny-stock transactions. According to official reports, the tribunal…
Posted by Prasenjit Bhowmik August 9, 2026
Appeals Filed Against State Consumer Commission Order Regarding Fire Incident Insurance Claims
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Appeals Filed Against State Consumer Commission Order Regarding Fire Incident Insurance Claims

On August 5, 2026, legal proceedings advanced regarding two interconnected insurance appeals concerning a destructive fire incident. Mr. Sugandh Kumar, representing the late Shyam Babu, formally challenged a prior common…
Posted by Prasenjit Bhowmik August 9, 2026
Consumer Court Seeks Accountability in Digital Arrest Banking Fraud Case
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Consumer Court Seeks Accountability in Digital Arrest Banking Fraud Case

A new consumer court case against HDFC Bank demands banking accountability and answers after a victim lost major funds to a coercive digital arrest scam.
Posted by Prasenjit Bhowmik August 9, 2026
Former Employees Challenge Resolution Plan in Hindustan Newsprint Ltd Legal Proceedings
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Former Employees Challenge Resolution Plan in Hindustan Newsprint Ltd Legal Proceedings

Former Hindustan Newsprint employees challenge a key insolvency resolution plan in court to secure their unpaid gratuity and leave encashment benefits.
Posted by Prasenjit Bhowmik August 9, 2026
Tax Tribunal Examines Cleaning Service Classifications in Vadodara
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Tax Tribunal Examines Cleaning Service Classifications in Vadodara

Discover how the Vadodara tax tribunal ruling clarifies commercial cleaning service classifications and impacts tax liabilities for specialized providers.
Posted by Prasenjit Bhowmik August 9, 2026
RBI FCNR(B) Swap Scheme 2026: Higher Returns for NRIs with Limited-Time Benefits
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RBI FCNR(B) Swap Scheme 2026: Higher Returns for NRIs with Limited-Time Benefits

On June 8, 2026, the Reserve Bank of India officially introduced a targeted Foreign Currency Non-Resident Bank deposit swap scheme aimed at attracting foreign capital. This strategic financial initiative empowers…
Posted by Prasenjit Bhowmik August 9, 2026
Legal Proceedings Advance in Nitin Malik and Others versus State of Haryana Case
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Legal Proceedings Advance in Nitin Malik and Others versus State of Haryana Case

In a recent judicial session held on July 27, 2026, the legal proceedings concerning Nitin Malik and 52 other petitioners against the State of Haryana and others moved forward under…
Posted by Prasenjit Bhowmik August 9, 2026
Karnataka Postal Department Appeals Consumer Dispute Ruling in Bengaluru
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Karnataka Postal Department Appeals Consumer Dispute Ruling in Bengaluru

The Karnataka Postal Department has appealed a district consumer court ruling in Bengaluru involving a dispute with a local resident.
Posted by Prasenjit Bhowmik August 9, 2026
Personal Guarantor Challenges NCLT Limitation Ruling in Bank of Baroda Insolvency Case
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Personal Guarantor Challenges NCLT Limitation Ruling in Bank of Baroda Insolvency Case

A personal guarantor challenges an NCLT ruling after her insolvency application against Bank of Baroda was rejected for exceeding the limitation period.
Posted by Prasenjit Bhowmik August 9, 2026
Legal Scrutiny Intensifies in Sameer Industries Versus Kandla Customs Dispute
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Legal Scrutiny Intensifies in Sameer Industries Versus Kandla Customs Dispute

Discover how the intensifying legal battle between Sameer Industries and Kandla Customs could redefine modern import regulations and statutory law.
Posted by Prasenjit Bhowmik August 9, 2026

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  5. Adani Power Challenges Maharashtra Regulatory Commission Order in Landmark Appeal – smeaccountant on MSEDCL Seeks Withdrawal of Appeal in Regulatory Dispute with JSW Energy

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