posted: "FEMA, BANKING amp; INSURANCE : Where person who has not drawn cheque he cannot be prosecuted for offence under section 138 of Negotiable Instruments Act even in case of a joint liabilityFEMA, BANKING amp; INSURANCE : Where person who has not drawn cheque "
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posted: "INCOME TAX : Where AO made additions under section 68 in respect of cash deposits in bank account of assessee, since assessee had consistently stated that said amount was not deposited by him and his account was misused by a bank personnel without his aut"
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posted: "RBI has allowed 'Non-Bank Payment System Providers' to participate in centralised payment systems such as RTGS and NEFT. On a review of extant arrangements and after detailed discussions with Payment System Providers (PSPs), the RBI has decided to allow i"
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posted: "Significantly, though, the Tribunals/ DRTs in the exercise of their jurisdiction under Section 30 of RDB Act are well within their right to confirm, modify or set aside the order made by the Recovery Officer in exercise of his powers under Sections 25 to "
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posted: "INCOME TAX : Where exemption under section 11 was denied to assessee-trust on ground that it was not engaged in imparting 'education' but in publishing and selling of books and CDs relating to different fields which did not fall within ambit of term 'educ"
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