The Revenue treated a documented sale of gold, with payment received via RTGS, as a bogus accommodation entry solely based on the buyer's failure to reply to a section 133(6) notice. The Tribunal held ...

ITAT directs the Assessing Officer to freshly adjudicate the tax case of Meenaz Anjum Dayatar to allow her to claim cost of acquisition and indexation against the sale of a crore property, which was ...

Security First's purchase of these branches is subject to regulatory approval and satisfaction of certain customary closing conditions. The parties expect to close on the purchase and sale of the ...

The White House is weighing lowering the community bank leverage ratio by a percentage point to 8% as part of a broader ...

He added that he expected these things to happen "soon." "It's more important that we get something right than we get something fast," he said. RELATIONS WITH BONDHOLDERS POSITIVE, MINISTER SAYS ...

Anchorage Digital Bank has launched USDtb, America’s first federally regulated stablecoin, marking a historic milestone in U.S. financial innovation. Issued ...

In these digital pages, Alan Sears, the founder of the Alliance Defending Freedom, recently defended the Consumer Financial Protection Bureau’s so-called open banking rule. The rule is the regulatory ...

Last month’s ruling departs from decades of precedent that will “render the judiciary incapable of enforcing bedrock separation-of-powers principles when the need for enforcement is at its zenith,” ...

The People’s Republic of China has established a multi-level and multi-agency legal system in the field of banking and finance, forming a comprehensive legal framework that is structured under a ...

The appellate panel remanded the case and instructed the district court to assess, with factual development, whether the Rhode Island statute significantly interferes with Citizens' banking powers ...

A federal jury last week convicted a former Spokane Tribe of Indians employee of 25 counts of bank fraud for embezzling over $100,000 in funds used to support children in foster care. Tawhnee W.