Press Release

The bank's non-compliance was uncovered during the Statutory Inspection for Supervisory Evaluation (ISE 2025) conducted by the RBI with reference to the bank’s financial position as of March 31, 2025.

RBI Levies Penalty of Rs 38.60 Lakh on UCO Bank Due to Regulatory Non-Compliance

Judgement

The petitioner company contended that the situation was beyond its control and the order passed by the AO violated the principles of natural justice.

Delhi High Court Quashes Best Judgment Assessment as Company Was Under Insolvency Process

NHAI plans to make national highway toll payments fully cashless across India from April 1, 2026, allowing only FASTag or UPI for faster, smoother travel.

India to Go Cashless at National Highway Tolls: FASTag and UPI Only from April 1st

Ad-hoc disallowance of expenses without rejecting books of account held unsustainable; registration not mandatory

Appellate Tribunal Allows Deduction to 120-Year-Old Jain Religious Society; Ad-Hoc Disallowance Quashed

Supreme Court of India dismissed the CIT’s Special Leave Petition due to an unexplained 558-day delay and imposed a cost of Rs. 50,000 payable.

Supreme Court Dismisses 558-Day Delayed Special Leave Petition, Imposes Rs. 50,000 Cost on CIT

Supreme Court Dismisses 558-Day Delayed SLP, Imposes Rs. 50,000 Cost on Income Tax Department

News

GSTN has enabled a new facility on the GST portal allowing eligible taxpayers registered under Rule 14A to apply for withdrawal.

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RBI Levies Penalty of Rs 38.60 Lakh on UCO Bank Due to Regulatory Non-Compliance

Delhi High Court Quashes Best Judgment Assessment as Company Was Under Insolvency Process

India to Go Cashless at National Highway Tolls: FASTag and UPI Only from April 1st

Appellate Tribunal Allows Deduction to 120-Year-Old Jain Religious Society; Ad-Hoc Disallowance Quashed

Supreme Court Dismisses 558-Day Delayed SLP, Imposes Rs. 50,000 Cost on Income Tax Department

GSTN Introduces Online Facility to Withdraw GST Registration as per Rule 14A