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News
Borrower Can Directly Challenge Recovery Officer's Auction Sale Confirmation Before DRT: Allahabad High Court
4+ hour, 49+ min ago (957+ words) The Allahabad High Court has held that a borrower can directly challenge an order of the Recovery Officer confirming an auction sale before the Debts Recovery Tribunal under Section 30(1) of the Recovery of Debts Due to Banks and Financial Institutions…...
IBBI seeks stronger safeguards for personal guarantors
5+ hour, 12+ min ago (173+ words) Daily Pioneer IBBI seeks stronger safeguards for personal guarantors The insolvency and bankruptcy regulator has proposed changes to the norms governing the insolvency resolution process for personal guarantors to corporate debtors, including the exclusion of related parties of the guarantor…...
KTBA seeks corrected return form, formal notification from FBR
4+ hour, 30+ min ago (503+ words) MG News | September 14, 2026 at 10:18 AM GMT+05:00 In its letter dated August 10, 2026, the association reminded the FBR that the draft return was circulated through SRO 835(I)/2026 on May 7, 2026, under Section 237(3) of the Income Tax Ordinance, 2001, inviting stakeholder objections. KTBA said it had…...
SECL Trains 54 OHC Staff in Audiometry, Spirometry & ECG
4+ hour, 23+ min ago (174+ words) New Delhi: South Eastern Coalfields Limited (SECL) conducted a two-day training programme for 54 Occupational Health Centre (OHC) staff from September 7–8, 2026, at MDI-HRD, Bilaspur. The programme focused on improving the technical knowledge, practical skills and efficiency of medical and healthcare personnel…...
GST Authorities Cannot 'Ride Piggyback' On Adjudication Order For Income Tax Reassessment: Madras High Court
5+ hour, 50+ min ago (595+ words) 14 Sept 2026 9:27 AM IST The Madras High Court has held that Income Tax authorities cannot rely solely on a GST adjudication order while conducting reassessment proceedings, cautioning that any reassessment must independently comply with the Income Tax Act. A single judge…...
7 pink places in India apart from Jaipur
7+ hour, 20+ min ago (97+ words) IndulgExpress Although Jaipur might be the most famous pink city of India, there are other places where the buildings and houses are painted in a rosy hue In Rajasthan, the Shekhawati villages have their magnificent havelis decorated with murals and…...
NLA Draws the Line on Unauthorized Gaming
5+ hour, 25+ min ago (987+ words) The National Lottery Authority (NLA) has opened a new front in its effort to bring Liberia’s rapidly evolving gaming industry under tighter regulatory control, issuing a Notice of Default, Administrative Directive and Demand to Cease and Desist against Seven Blue…...
Indian man moves to US for job, forgets to file ITR; here's why ITAT Jaipur still canceled penalty
4+ hour, 47+ min ago (532+ words) A new job in the United States came with the usual rush of relocation and adjusting to a new workspace. In the middle of all this, Abhishubham Bahadur Saxena missed filing his income tax return (ITR) in India and by…...
High Court Grants Anticipatory Bail to GST Purchasers Accused of Availing Bogus ITC
4+ hour, 36+ min ago (108+ words) The Karnataka High Court says custodial interrogation not necessary in genuine transactions. High Court Noted That Petitioners Had Valid GST Registrations ITAT Allows Section 80P Deduction to Co-operative Credit Society Where No Addition Made on Reopened IssuesPremium CBDT Notification: Half-Yearly SFT…...
Failed redline bidder was on site before emergency award
4+ hour, 36+ min ago (1098+ words) Court papers allege that the company later awarded the N$122 million veterinary cordon fencing contract through emergency procurement was already on the project site two days before the award was formally issued, deepening controversy surrounding the tender process. The urgent…...