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

Judgement

ITAT held that SBI cannot be treated as an assessee in default for non-deduction of TDS on foreign LTC reimbursements made in compliance with the Madras High Court's interim order.

ITAT Deletes TDS Demand Against SBI on Foreign LTC Reimbursements, Cites Madras High Court Interim Order

CBI Court convicts eight accused including former SBI officials in Rs 1.97 crore bank fraud case, awards 10 years RI with heavy penalties.

CBI Court Sentences Eight Accused to 10 Years Rigorous Imprisonment in Rs 1.97 Crore SBI Loan Fraud Case

The ITAT Bangalore rules that no liability under Sections 201(1) and 201(1A) can arise where the employer refrained from deducting TDS in compliance with a High Court interim order.

SBI Cannot Be Treated as Assessee in Default for Non-Deduction of TDS on LTC Payments Made Under Court's Interim Order

High Court Quashes SBI Fraud Show Cause Notice Based on Inconclusive Forensic Audit Report

The ITAT quashed the Rs 5.44 lakh TDS demand against SBI on Leave Fare Concession payments for foreign travel, granting relief by following its earlier precedent.

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

ITAT Deletes TDS Demand Against SBI on Foreign LTC Reimbursements, Cites Madras High Court Interim Order

CBI Court Sentences Eight Accused to 10 Years Rigorous Imprisonment in Rs 1.97 Crore SBI Loan Fraud Case

SBI Cannot Be Treated as Assessee in Default for Non-Deduction of TDS on LTC Payments Made Under Court's Interim Order

High Court Quashes SBI Fraud Show Cause Notice Based on Inconclusive Forensic Audit Report

ITAT Quashes Rs 5.44 Lakh TDS Demand on SBI Over Leave Fare Concession Payments for Foreign Travel