
Using Bank Loans to Pay Taxes: J&K HC Examines NPA Allegations
The Jammu and Kashmir HC analyzed fund siphoning allegations related to bank loans in a ₹227 crore NPA scam, focusing on the merits of prosecution claims.
Latest court orders, judgments, and legal developments from Indian courts — AI-curated and summarized.

The Jammu and Kashmir HC analyzed fund siphoning allegations related to bank loans in a ₹227 crore NPA scam, focusing on the merits of prosecution claims.

The article analyzes the transformative potential of blockchain technology in the auditing sector, outlining benefits and challenges.

The article provides a comprehensive checklist for ITR-2 filing for AY 2026-27, focusing on capital gains and foreign assets. Taxpayers can download a PDF to prepare necessary documents in advance.

This week's roundup covers recent decisions from the Income Tax Appellate Tribunal (ITAT) including various significant rulings that impact tax assessment procedures.

The NCDRC criticized the Jaipur forum for issuing bailable warrants against Salman Khan without proper examination of the complaint regarding misleading advertisements.
The ITAT has remanded a case regarding bad debt provisions back to the Assessing Officer for verification of rural branch advances, emphasizing the necessity for accurate data assessment in tax deductions.
The Reserve Bank of India has updated guidelines for small finance banks regarding customer protection in unauthorized electronic transactions, enhancing their accountability.
The Reserve Bank of India has amended directions for payments banks to enhance customer protection in electronic transactions. This represents a significant step towards safeguarding customer interests.
The Reserve Bank of India has consolidated guidelines for local area banks related to customer protection in digital banking. This aims to enhance accountability in electronic transactions.
The Reserve Bank of India has issued new directions on customer protection in unauthorized electronic transactions for regional rural banks, enhancing accountability.
The Reserve Bank of India has updated the Responsible Business Conduct Directions for urban co-operative banks, enhancing measures for customer protection in electronic banking.
The Reserve Bank of India consolidates guidelines on customer protection in electronic banking transactions for rural co-operative banks. This is part of ongoing efforts for improving accountability in banking.