News

SBI to revise its cash withdrawal charges on Basic Savings Bank Deposit (BSBD) accounts opened through the branch channel, effective from October 1, 2026.

SBI Revises Cash Withdrawal Charges on Basic Savings Bank Deposit Accounts; Effective from October 1

Orders

The ICAI rules procedural lapse in withdrawal of government funds cannot alone establish Professional Misconduct.

ICAI Board Holds CA Not Guilty of Misconduct Over Rs 50 Lakh Yarn Bank Project

Judgement

ITAT remands the Rs 18.31 lakh unexplained cash deposit case to the AO for fresh verification after admitting the assessee’s bank statement as additional evidence.

ITAT Allows Bank Statement as Additional Evidence in Rs 18.31 Lakh Unexplained Cash Credits Case

The ITAT Pune holds that interest and dividend from co-operative society investments can qualify for deduction under Section 80P(2)(d).


ITAT Holds Interest Income from Co-operative Bank Investments Eligible for Deduction Under Section 80P(2)(d)

The ITAT Ahmedabad held that the political party is involved in accommodation entry activities and sustained the allowance. 


ITAT Rules Payment Through Banking Channels and Donation Receipt Cannot Establish Genuine Donation

The CBI Court in Jaipur sentenced former OBC official Murari Lal Meena to seven years in prison and fined him Rs 1.25 lakh in a Rs 12.14 lakh bank fraud case.

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SBI Revises Cash Withdrawal Charges on Basic Savings Bank Deposit Accounts; Effective from October 1

ICAI Board Holds CA Not Guilty of Misconduct Over Rs 50 Lakh Yarn Bank Project

ITAT Allows Bank Statement as Additional Evidence in Rs 18.31 Lakh Unexplained Cash Credits Case

ITAT Holds Interest Income from Co-operative Bank Investments Eligible for Deduction Under Section 80P(2)(d)

ITAT Rules Payment Through Banking Channels and Donation Receipt Cannot Establish Genuine Donation

CBI Court in Jaipur Sentences Bank Official to 7 Years in Fraud Case