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ITAT Sets Aside Additions Due to Accountant's Medical Emergency
Income Tax Appellate Tribunaltax

ITAT Sets Aside Additions Due to Accountant's Medical Emergency

The ITAT accepted an accountant's medical emergency as sufficient cause for delay in evidence submission, setting aside corresponding capital additions and directing fresh verification.

Jun 22, 2026Read more →
MCA Offers Deadline Relief Following Data Centre Fire
Ministry of Corporate Affairscorporate

MCA Offers Deadline Relief Following Data Centre Fire

The Ministry of Corporate Affairs (MCA) has announced deadline relief for name reservations and E-Form resubmissions due to a recent data centre fire, allowing companies to resubmit on a case-by-case basis.

Jun 22, 2026Read more →
ITAT Accepts Medical Emergency as Cause for Delay in Evidence Submission
Income Tax Appellate Tribunaltax

ITAT Accepts Medical Emergency as Cause for Delay in Evidence Submission

The ITAT accepted an accountant's medical emergency as a valid reason for the delay in submitting evidence and has remanded the case for fresh adjudication.

Jun 21, 2026Read more →
Monetary Policy Committee Meeting Minutes Published
Reserve Bank of Indiabanking

Monetary Policy Committee Meeting Minutes Published

The RBI has published the minutes of the Monetary Policy Committee meeting held from June 3 to 5, 2026.

Jun 21, 2026Read more →
RBI Imposes Penalty on Pahal Financial Services
Reserve Bank of Indiabanking

RBI Imposes Penalty on Pahal Financial Services

Pahal Financial Services Private Limited faces a penalty of ₹3.10 lakh for KYC compliance failures.

Jun 21, 2026Read more →
RBI Imposes Penalty on Can Fin Homes Limited
Reserve Bank of Indiabanking

RBI Imposes Penalty on Can Fin Homes Limited

A monetary penalty of ₹2.70 lakh is imposed on Can Fin Homes Limited for Fair Practices Code violations.

Jun 21, 2026Read more →
Auction of Treasury Bills Scheduled for June 24, 2026
Reserve Bank of Indiacorporate

Auction of Treasury Bills Scheduled for June 24, 2026

The RBI has announced an auction for 91-Day, 182-Day, and 364-Day Treasury Bills.

Jun 21, 2026Read more →
RBI Imposes Penalty on Five Star Business Finance Limited
Reserve Bank of Indiabanking

RBI Imposes Penalty on Five Star Business Finance Limited

Five Star Business Finance Limited faces a ₹6.20 lakh penalty for KYC and Fair Practice Code violations.

Jun 21, 2026Read more →
RBI to Conduct Overnight Variable Rate Repo Auction
Reserve Bank of Indiabanking

RBI to Conduct Overnight Variable Rate Repo Auction

The RBI is set to conduct a Variable Rate Repo auction for ₹1,25,000 Crore on June 22, 2026, impacting liquidity in the market.

Jun 21, 2026Read more →
Sponsored: A Structured Approach to Patent Searches
N/Aintellectual_property

Sponsored: A Structured Approach to Patent Searches

The recent post from PatSeer outlines a strategic three-pass funnel approach for efficient patent searches under deadlines, streamlining the research process.

Jun 21, 2026Read more →
SpicyIP Bells & Whistles: IP Events and Opportunities (15.06.2026)
N/Aintellectual_property

SpicyIP Bells & Whistles: IP Events and Opportunities (15.06.2026)

The latest IP events and opportunities roundup includes highlights from the Open Source Hardware Association, focusing on innovative practices in the IP landscape.

Jun 21, 2026Read more →
SpicyIP Summer School 2026 Starts Tomorrow!
N/Aintellectual_property

SpicyIP Summer School 2026 Starts Tomorrow!

The SpicyIP Summer School 2026 starts tomorrow, focusing on the 'Pharma Stack' of intellectual property. Participants will learn to view IP as strategic tools across various domains, enhancing their analytical skills.

Jun 21, 2026Read more →
Bombay HC Quashes Reassessment Notices for Wrong Provision
Bombay High Courttax

Bombay HC Quashes Reassessment Notices for Wrong Provision

The Bombay High Court quashed reassessment notices stating that the sanction was obtained under an incorrect provision, invalidating the notices.

Jun 21, 2026Read more →
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