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Penny Stock Loss Claims Fall Flat: Calcutta High Court Backs Revenue
Introduction In a significant ruling, the Calcutta High Court in PCIT Central-2, Kolkata v. Zulu Merchandise Pvt. Ltd. (ITAT No. 88 of 2025, decided on 01.08.2025) has reiterated that bogus penny stoc
Uploaded on Mon Aug 18 2025
Can Banks Supersede RBI Guidelines? An Analysis with Recent Case Laws
In India, the Reserve Bank of India (RBI) plays a pivotal role as the central regulatory authority for the banking sector. It formulates and enforces guidelines related to interest rates, lending prac
Uploaded on Tue Feb 11 2025