Search Results for Tag : imposition
News
SC: Skull Superimposition Technique for Identification of Body Not Reliable(04.11.2022)
Supreme Court has held that skull superimposition technique for identification of the dead body cannot be regarded as infallible when such report is n.....
Tags : Supreme Court, Superimposition Technique, Identification of Body
Kar. HC: Deflection From Terms of Compromise Will Lead to Re-Imposition of Conviction Order(04.03.2024)
Karnataka High Court has held that when a person has been convicted under the Negotiable Instruments Act, 1881 and such conviction is set aside on the.....
Tags : Karnataka High Court, Re-imposition, Conviction Order
Delhi HC Strikes Down IGST Imposition on Oxygen Concentrators Imported by Individuals(24.05.2021)
Delhi High Court has held that imposition of Integrated Goods and Services Tax on oxygen concentrators which are imported by individuals and are recei.....
Tags : Delhi High Court, IGST Imposition on Oxygen Concentrators Imported by Individuals
Karnataka HC Issues Notice on Plea Against Imposition of New Building Norms on Existing Buildings(11.03.2022)
Karnataka High Court has issued notice to the State Government on a petition questioning imposition of certain new building norms even for the existin.....
Tags : Karnataka High Court, Imposition of New Building Norms
SC Stays Delhi HC Judgment on IGST Imposition on Oxygen Concentrators as Unconstitutional(01.06.2021)
Supreme Court has stayed the Delhi High Court judgment which declared that imposition of Integrated Goods and Services Tax (IGST) for oxygen concentra.....
Tags : Supreme Court, IGST Imposition on Oxygen Concentrators
Delhi HC: Non-Specification of Limb under which Penalty is Initiated is Arbitrary(04.04.2022)
Delhi High Court has held that the action of income tax authorities to deny the benefit of immunity from penalty under Section 270AA of the Income Tax.....
Tags : Delhi High Court, Imposition of Penalty
International Cases
Fact that, an error has been made in sentencing does not automatically mean that sentencing discretion should be exercised afresh(30.05.2018)
The Appellant appealed from the sentences imposed for the burglary, trespass and breach of bail offences. Sole ground of appeal was that, the learned .....
Tags : Sentence, Imposition, Validity
In deciding an appeal, Court may set aside or vary the decision of the Court of Summary Jurisdiction and the sentence imposed(22.03.2019)
The Appellant pleaded guilty in the Magistrate's Court to four charges of trespass and two charges of possessing drug paraphernalia in which there wer.....
Tags : Sentence, Imposition, Legality
A Court has discretion to take into account time spent in custody and can give credit by either reducing term or backdating sentence(10.09.2019)
Present two appeals against sentence are related and involved the failure to take into account time that, the Appellant spent in custody on remand. Th.....
Tags : Sentence, Imposition, Reduction
Leave to appeal must not be given unless the Court is satisfied that the ground has a reasonable prospect of success(26.07.2022)
The Respondent was convicted after trial in the Magistrates Court of one charge of assault occasioning bodily harm and one charge of dangerous driving.....
Tags : Sentence, Imposition, Backdating
An appellate Court may only interfere with the sentencing discretion of the trial court on limited grounds(26.09.2022)
Present appeal is against the substituted sentence of the Northern Cape Division of the High Court, Kimberley (the high court) of the sentence imposed.....
Tags : Sentence, Imposition, Validity
A court may punish contempt of court by committal of the contemnor to prison, or by imposing a fine on the contemnor(19.09.2022)
In present case, on 2 September 2022, present Court convicted the first contemnor, Robert Noel Morrison, (Mr. Morrison Snr.) and the second contemnor,.....
Tags : Contempt, Fine, Imposition
In absence of a Parole Board report, Supreme Court’s ability to substitute the sentence of the high court with its own sentence is constrained(16.03.2023)
Present was an appeal against a reconsideration of an indeterminate sentence imposed in terms of Section 286B of the Criminal Procedure Act, 1977. The.....
Tags : Sentence, Imposition, Reconsideration
Imposition of a life sentence is not to be departed from ‘lightly and for flimsy reasons which could not withstand scrutiny’(14.03.2024)
The order of the high court was substituted with an order dismissing the appeal against the sentence imposed by the regional court, and reinstated the.....
Tags : Life imprisonment, Imposition, Legality
A pre-sentence order cannot be made if, at the time it is made, a sentence of immediate imprisonment is the only appropriate sentencing option(22.01.2019)
Present is a State appeal against the imposition of a pre-sentence order. The appeal is brought pursuant to Section 24(1)(a) of the Criminal Appeals A.....
Tags : Pre-sentence order, Imposition, Validity
Where advertiser failed to show a reasonable basis or prior substantiation for claims, consumer was believed to be acting under false or misleading representation(s).(19.12.2018)
In instant matter, proceedings initiated vide Show Cause Notice issued to Options International (SMCPvt.) Limited ('Respondent' or 'Options') by Compe.....
Tags : Deceptive Marketing Practices, Penalty, Imposition
Notifications & Circulars
RBI imposes Monetary Penalty on M/s Radhakrishna Finance Pvt. Ltd(14.12.2017)
The Reserve Bank of India (RBI) has imposed a monetary penalty of ?1 lakh on M/s Radhakrishna Finance Pvt. Ltd. (the company) under Section 58G(1)(b) .....
Tags : Direction, Violation, Penalty, Imposition
Strict Quality Norms imposed for Solar Equipment and Components to restrict low quality Solar PV equipment in Indian market: Shri R.K. Singh(21.12.2017)
Minister of State (IC) for Power and New & Renewable Energy, Shri Raj Kumar Singh, in a written reply to a question in Lok Sabha today, informed that .....
Tags : Quality Norms, imposition, Solar Equipment
Competition Commission of India imposes penalty upon Esaote S.p.A and Esaote Asia Pacific Diagnostic Pvt. Ltd. for abusing dominant position(27.09.2018)
The Competition Commission of India (CCI) has imposed a penalty of Rs. 9.33 lac upon Esaote S.p.A and Esaote Asia Pacific Diagnostic Pvt. Ltd. ('Esaot.....
Tags : Penalty, Imposition, Dominant position
CCI imposes penalties upon Sugar Mills and their Associations for rigging the bids in respect of Joint Tender floated by Oil Marketing Companies for procurement of Ethanol for blending with Petrol(18.09.2018)
The Competition Commission of India (CCI) has imposed penalties upon 18 sugar mills and 2 Associations (Indian Sugar Mills Association and Ethanol Man.....
Tags : Penalty, Imposition, Bid rigging
Competition Commission of India imposes Penalty on Chemists and Druggists Association of Baroda(16.01.2019)
The Competition Commission of India ('Commission') has found the Chemists and Druggists Association of Baroda ('CDAB') to be in contravention of the p.....
Tags : Restrictive trade practices, Penalty, Imposition
Imposition of anti-dumping duty on the subject goods(14.03.2019)
Whereas, in the matter of import of 'Saturated Fatty Alcohols' (hereinafter referred to as the subject goods), falling under tariff items 2905 17, 290.....
Tags : Anti-dumping duty, Imposition, Goods
Imposition of VAT on petrol and diesel(01.08.2018)
Union Minister of Petroleum & Natural Gas, Shri Dharmendra Pradhan has said that Article 279A (5) of the Constitution provides that Goods and Services.....
Tags : VAT, Imposition, Petrol and diesel
Reserve Bank of India imposes monetary penalty on South Indian Bank Limited(19.06.2019)
The Reserve Bank of India (RBI) has imposed, by order dated June 13, 2019, monetary penalty of Rs.1 million on South Indian Bank Limited (the bank) fo.....
Tags : Monetary penalty, Imposition, South Indian Bank Limited
Reserve Bank of India imposes penalty on United Overseas Bank Limited(03.10.2019)
The Reserve Bank of India (RBI) has, by an order dated October 01, 2019, imposed a monetary penalty of ` One crore on United Overseas Bank Limited (th.....
Tags : Non-compliance, Provision, Penalty, Imposition
Issue of Late Cut being imposed by the system while applying MEIS on reactivated shipping bills(09.10.2019)
The Directorate has been receiving multiple representations from the members of the trade and the EPCs regarding the difficulties being faced by expor.....
Tags : Late Cut, Imposition, Meis, Shipping bills
Reserve Bank of India imposes monetary penalty on State Bank of India(07.03.2018)
The Reserve Bank of India (RBI) has imposed, on March 01, 2018, a monetary penalty of ` 4 million on State Bank of India (the bank) for non-compliance.....
Tags : Penalty, Imposition, SBI
Reserve Bank of India imposes monetary penalty on Apna Sahakari Bank Ltd., Mumbai(23.01.2020)
The Reserve Bank of India (RBI) has, by order dated January 22, 2020, imposed monetary penalty of Rs. 14 lakh on Apna Sahakari Bank Ltd., Mumbai, (the.....
Tags : Penalty, Imposition, Bank
Imposition on subject goods falling under tariff items 8541 40 11 or 8541 40 12 of the First Schedule to the Customs Tariff Act, when imported into India, a safeguard duty at the specified rate(29.07.2020)
Whereas, the designated authority, vide notification No. 22/1/2020-DGTR, dated the 3rd March 2020, published in the Gazette of India, Extraordinary, P.....
Tags : Imposition, Tariff, Import
Reserve Bank of India imposes monetary penalty on SBM Bank (India) Ltd(16.10.2019)
The Reserve Bank of India (RBI) has, by an order dated October 15, 2019, imposed a monetary penalty of Rs. 3 crore on SBM Bank (India) Ltd. for non-co.....
Tags : Penalty, Imposition, SBM Bank
Reserve Bank of India imposes monetary penalty on Central Bank of India(10.11.2020)
Reserve Bank of India (RBI) has, by an order dated November 10, 2020, imposed a monetary penalty of Rs. 50 lakh (Rupees Fifty lakh only) on Central Ba.....
Tags : Penalty, Imposition, Central Bank
Reserve Bank of India imposes monetary penalty on Muthoot Finance Limited(19.11.2020)
The Reserve Bank of India (RBI) has imposed, by an order dated November 19, 2020, a monetary penalty of Rs.10.00 lakh (Rupees Ten lakh only) on Muthoo.....
Tags : Penalty, Imposition, Muthoot Finance
Reserve Bank of India imposes monetary penalty on Manappuram Finance Limited(19.11.2020)
The Reserve Bank of India (RBI) has imposed, by an order dated November 19, 2020, a monetary penalty of Rs. 5.00 lakh (Rupees Five lakh only) on Manap.....
Tags : Penalty, Imposition, Manappuram Finance
Reserve Bank of India imposes monetary penalty on Standard Chartered Bank - India(21.01.2021)
The Reserve Bank of India (RBI) has, by an order dated January 21, 2021, imposed a monetary penalty of Rs. 2 Crore (Rupees Two Crore only) on Standard.....
Tags : Penalty, Imposition, Bank
Green tax to be imposed on older vehicles soon, to clean up the environment by phasing out unfit and polluting vehicles(25.01.2021)
The Union Minister for Road Transport and Highways Sh. Nitin Gadkari has approved a proposal to levy a "Green Tax" on old vehicles which are polluting.....
Tags : Green tax, Imposition, Older vehicles
Reserve Bank of India imposes monetary penalty on IDBI Bank Limited(11.04.2018)
The Reserve Bank of India (RBI) has imposed, through an order dated April 09, 2018, a monetary penalty of Rs. 30 million on IDBI Bank Limited (the ban.....
Tags : Penalty, Imposition, IDBI Bank
Reserve Bank of India imposes monetary penalty on Bajaj Finance Limited(05.01.2021)
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 2.50 crore (Rupees Two crore Fifty lakh only) on Bajaj Finance Limited, Pune (th.....
Tags : Penalty, Imposition, Bajaj Finance
RBI imposes monetary penalty on Punjab National Bank(07.06.2021)
The Reserve Bank of India (RBI) has imposed, by an order dated June 07, 2021, a monetary penalty of Rs.2 crore (Rupees Two Crore only) on Punjab Natio.....
Tags : Penalty, Imposition, PNB
Proclamation by the President of India regarding the imposition of Governor's rule in the State of Jammu and Kashmir(19.12.2018)
G.S.R.1223(E).--The following Proclamation by the President is published for general information:-
Whereas, I, Ram Nath Kovind, President of.....
Tags : Governor's rule, Imposition, Proclamation, President
RBI imposes monetary penalty on Axis Bank Limited(28.07.2021)
The Reserve Bank of India (RBI) has imposed, by an order dated July 28, 2021, a monetary penalty of Rs. 5.00 crore (Rupees Five crore only) on Axis Ba.....
Tags : Penalty, Imposition, Axis Bank
RBI imposes monetary penalty on Nashik Zilla Girna Sahakari Bank Ltd., Nashik(24.09.2020)
The Reserve Bank of India (RBI) has imposed, by an order dated September 23, 2020 a monetary penalty of Rs.2,000 on Nashik Jillha Girna Sahakari Bank .....
Tags : Monetary penalty, Imposition
RBI imposes monetary penalty on Hewlett-Packard Financial Services (India) Private Ltd(03.08.2021)
The Reserve Bank of India (RBI) has, by an order dated August 03, 2021, imposed a monetary penalty of Rs. 6 lakh (Rupees Six Lakh only) on Hewlett-Pac.....
Tags : Penalty, Imposition, Non-compliance
RBI imposes monetary penalty on two Payment System Operators(20.10.2021)
The Reserve Bank of India (RBI) had, by an order dated October 01, 2021, imposed a monetary penalty of Rs.1 crore (Rupees one crore only) on Paytm Pay.....
Tags : Penalty, Imposition, Payment System Operators
RBI imposes monetary penalty on Union Bank of India(29.11.2021)
The Reserve Bank of India (RBI) has, by an order dated November 25, 2021, imposed a monetary penalty of Rs. 1 Crore (Rupees One Crore only) on Union B.....
Tags : Non-compliance, Monetary penalty, Imposition
Reserve Bank of India imposes monetary penalty on DCB Bank Limited(28.10.2020)
The Reserve Bank of India (RBI) has, by an order dated October 28, 2020, imposed a monetary penalty of Rs. 22 lakh (Rupees Twenty Two lakh only) on DC.....
Tags : Penalty, Imposition, DCB Bank Limited
Reserve Bank of India imposes monetary penalty on Axis Bank Limited(01.09.2021)
The Reserve Bank of India (RBI) has imposed, by an order dated September 01, 2021, a monetary penalty of Rs. 25 lakh (Rupees Twenty five lakh only) on.....
Tags : Penalty, Imposition, Axis Bank
Reserve Bank of India imposes monetary penalty on Gayatri Co-operative Urban Bank Ltd.(10.01.2022)
The Reserve Bank of India (RBI) has imposed, by an order dated January 4, 2022, a monetary penalty of Rs. 1.00 lakh (Rupees one lakh only) on Gayatri .....
Tags : Non-compliance, Penalty, Imposition
CCI imposes a penalty on paper manufacturers for indulging in cartelisation(18.11.2021)
The Competition Commission of India (CCI) issued a final order yesterday against certain companies manufacturing paper from agricultural waste and rec.....
Tags : Penalty, Imposition, Cartelisation
RBI imposes monetary penalty on Nagrik Sahakari Bank Maryadit, Durg, Chhattisgarh(16.11.2021)
The Reserve Bank of India (RBI) has imposed, by an order dated November 16, 2021, a monetary penalty of Rs. 2.00 lakh (Rupees Two lakh only) on Nagrik.....
Tags : Penalty, Imposition, Bank
Imposition of anti-dumping duty on specified goods at the specified rate(06.12.2021)
1. Whereas in the matter of 'Certain Flat Rolled Products of Aluminium' (hereinafter referred to as the subject goods) falling under chapter heading 7.....
Tags : Imposition, Anti-dumping duty, Specified goods
Reserve Bank of India imposes monetary penalty on Saraswat Co-operative Bank Ltd.(28.05.2020)
The Reserve Bank of India (RBI) has imposed, by an order dated February 20, 2020, a monetary penalty of Rs.30 lakh (Rupees Thirty lakh only) on Sarasw.....
Tags : Penalty, Imposition, Non-compliance
Reserve Bank of India imposes monetary penalty on The Baramulla Central Co-operative Bank Limited(21.02.2022)
Reserve Bank of India (RBI) has imposed, by an order dated February 15, 2022, a monetary penalty of ₹ 2.00 lakh (Rupees Two Lakh only) on the Baramull.....
Tags : Contravention, Penalty, Imposition
Judgments
Passengers cannot be examined every case; non-examination of passengers will not affect disciplinary proceedings(06.01.2017)
Petitioner is aggrieved by the judgment of Industrial Court, by which, his Complaint has been dismissed and punishment of reduction of pay by three st.....
Tags : Punishment, Imposition, Validity
RBI imposes monetary penalty on Amrit Malwa Capital Limited, Jalandhar, Punjab(28.09.2021)
The Reserve Bank of India (RBI) has, by an order dated September 28, 2021, imposed a monetary penalty of Rs.10 lakh (Rupees Ten Lakh only) on Amrit Ma.....
Tags : Penalty, Imposition, Company
RBI imposes monetary penalty on The Akola Urban Co-operative Bank Ltd., Akola, Maharashtra(17.08.2022)
The Reserve Bank of India (RBI) has, by an order dated August 10, 2022, imposed a monetary penalty of Rs. 15.00 lakh (Rupees Fifteen lakh only) on The.....
Tags : Penalty, Imposition, Non-compliance
Substantive sentences imposed upon Appellant in three separate prosecutions, are to run concurrently(11.07.2017)
In facts of present case, Appellant was a Peon in office of Sub Registrar, Vazhoor. He was alleged to have misappropriated Rs. 92,225/- from public fu.....
Tags : Sentence, Imposition, Validity
Reserve Bank of India imposes monetary penalty on Syndicate Bank(05.02.2019)
The Reserve Bank of India (RBI) has imposed, by an order dated January 30, 2019, a monetary penalty of Rs. 10 million on Syndicate Bank (the bank) for.....
Tags : Penalty, Imposition, Syndicate Bank
RBI imposes monetary penalty on The Moirang Primary Co-operative Bank Ltd., Moirang (Manipur)(28.07.2022)
The Reserve Bank of India (RBI) has imposed, by an order dated July 28, 2022, a monetary penalty of Rs. 1.00 lakh (Rupees One lakh only) on The Moiran.....
Tags : Penalty, Imposition, Non-compliance
Default sentence is not to be merged with or allowed to run concurrently with a substantive sentence(20.09.2018)
Present appeal challenges the decision passed by the High Court affirming the conviction and sentence of the Appellant (original Accused No. 6) for of.....
Tags : Conviction, Fine, Imposition
RBI imposes monetary penalty on LIC Housing Finance Limited, Mumbai(31.10.2022)
The Reserve Bank of India (RBI) has, by an order dated October 21, 2022, imposed a monetary penalty of Rs. 5.00 lakh (Rupees Five lakh only) on LIC Ho.....
Tags : Penalty, Imposition, Non-compliance
If the Assessee pays tax with interest, no notice shall be served(20.09.2018)
The Appellants are engaged in providing services under the category of "mining of mineral service". The Joint Commissioner of Service Tax issued a sho.....
Tags : SCN, Penalty, Imposition
Imposition of anti-dumping duty on subject goods(07.05.2018)
Whereas, in the matter of import of 'Jute Products' namely, Jute Yarn/Twine (multiple folded/cabled and single), Hessian fabric, and Jute sacking bags.....
Tags : Anti-dumping duty, Goods, Imposition
Reserve Bank of India imposes monetary penalty on Punjab National Bank(27.03.2019)
Reference is invited to the Press Release No. 2018-2019/2144 dated March 08, 2019 regarding imposition of penalty on 36 banks for non-compliance with .....
Tags : Direction, Non-compliance, Penalty, Imposition
RBI imposes monetary penalty on The Bharat Co-operative Bank Limited, Bengaluru, Karnataka(05.12.2022)
The Reserve Bank of India (RBI) has imposed, by an order dated November 28, 2022, a monetary penalty of ₹ 5.00 lakh (Rupees Five lakh only) on The Bha.....
Tags : Penalty, Imposition, Non-compliance
Departmental proceedings could continue even after date of superannuation(07.12.2018)
The Petitioner has filed the present petition under Article 226 of the Constitution of India challenging the legality of the order passed by Director,.....
Tags : Penalty, Imposition, Validity
Lack of due diligence and failure to take more precautions cannot by itself bring in penal consequences for imposition of penalty, a positive act or omission is to be established(07.05.2019)
Present Appeal has been filed from the order passed by the Commissioner of Customs (Appeals) by which the Commissioner (Appeals) disposed of the Appea.....
Tags : Penalty, Imposition, Legality
RBI imposes monetary penalty on Jila Sahakari Kendriya Bank Maryadit, Bilaspur, Chattisgarh(12.12.2022)
The Reserve Bank of India (RBl) has imposed, by an order dated December 06, 2022, a monetary penalty of Rs 50,000/- (Rupees Fifty Thousand only) on Ji.....
Tags : Non-compliance, Penalty, Imposition
Reserve Bank of India imposes Monetary Penalty on Mynd Solutions Private Limited(29.12.2022)
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs 13,90,000 (Rupees Thirteen Lakh and Ninety Thousand only) on Mynd Solutions Priva.....
Tags : Penalty, Imposition, Non-compliance
RBI imposes monetary penalty on IGH Holdings Private Limited, Mumbai(17.03.2023)
The Reserve Bank of India (RBI) has, by an order dated March 15, 2023, imposed a monetary penalty of Rs 11.25 lakh (Rupees Eleven lakh twenty five tho.....
Tags : Non-compliance, Monetary penalty, Imposition
Unless it is proved that, person to be penalized has intentionally implicated himself in use of false and incorrect materials, there can be no justification for penalty(25.07.2019)
The only issue involved in the present appeal by the Assessee is the levy of penalty under Section 114AA of the Customs Act, 1962. The Appellant prefe.....
Tags : Penalty, Imposition, Validity
CAQM issues orders for imposing Environmental Compensation Charges (EC) and initiation of prosecution(01.06.2023)
To abate air pollution in the National Capital Region (NCR), the 40 inspection teams/ flying squads constituted by the Commission for Air Quality Mana.....
Tags : EC, Imposition, Prosecution
When statute specifically provides for a code of conduct and penalty for infringement thereof, it is not proper to bring such violation within the realm or scope of another statutory provision(21.03.2018)
Instant appeals are against common impugned order, involving the issue of imposition of penalties for illegal export of Red Sanders, instead of the de.....
Tags : Penalty, Imposition, Validity
General Manager being an authority higher to Disciplinary Authority can exercise power of Disciplinary Authority to impose penalty(08.01.2020)
Canara Bank and its functionaries have filed present appeals challenging the judgment of the Division Bench of the High Court, whereby the order of pu.....
Tags : Punishment, Imposition, Authority
Reserve Bank of India imposes monetary penalty on Federal Bank Limited(03.10.2018)
The Reserve Bank of India (RBI) has imposed, by an order dated September 25, 2018, a monetary penalty of Rs. 50 million on Federal Bank Limited (the b.....
Tags : Penalty, Federal bank, Imposition
RBI imposes monetary penalty on The Urban Co-operative Bank Ltd., Rourkela (Odisha)(19.06.2023)
The Reserve Bank of India (RBI) has imposed, by an order dated June 09, 2023, a monetary penalty of ₹ 6.00 lakh (Rupees Six lakh only) on The Urban Co.....
Tags : Penalty, Imposition, Non-compliance
If Assessee has reasonable cause for non-filing of Income Tax Return, penalty is unsustainable(10.08.2020)
Present two appeals arise out of the orders passed by CIT(A), confirming penalty imposed under Section 271F of the Income-tax Act, 1961 ( IT Act) in r.....
Tags : Penalty, Imposition, Legality
'Ten times penalty' prescribed for deficit stamp duty cannot be mechanically imposed(17.09.2020)
The Appellant by present appeals challenges the judgment of learned Single Judge of the High Court dismissing the Writ Petition of the Appellant as we.....
Tags : Stamp duty, Penalty, Imposition
RBI imposes monetary penalty on Bharat Heavy Electricals Employees' Co-operative Bank Limited, Kailasapuram, Tiruchirappalli, Tamil Nadu(29.08.2022)
The Reserve Bank of India (RBI) has imposed, by an order dated August 22, 2022, a monetary penalty of Rs. 10.00 lakh (Rupees Ten lakh only) on Bharat .....
Tags : Penalty, Imposition, Non-compliance
RBI imposes monetary penalty on Shree Co-operative Bank Limited, Vadodara (Gujarat)(21.08.2023)
The Reserve Bank of India (RBI) has imposed, by an Order dated August 11, 2023, a monetary penalty of ₹ 50,000/- (Rupees Fifty Thousand only) on Shree.....
Tags : Penalty, Imposition, Non-compliance
Court can interfere with departmental authority’s decision, if inquiry is not conducted in a fair manner by following rules of natural justice(24.03.2017)
Ratio: Inquiry has to be conducted in a fair manner by following rules of natural justice
Instant writ petition has been preferred.....
Tags : Punishment, Imposition, Legality
No penalty can be levied, when the violation is technical and venial(06.01.2021)
Present is an appeal filed by the assessee directed against the order of the Commissioner of Income Tax-(A) [CIT (A)] passed under Section 250 of the .....
Tags : Penalty, Imposition, Validity
RBI imposes monetary penalty on The Waghodia Urban Co-operative Bank Ltd., Dist. Vadodara, Gujarat(14.09.2023)
The Reserve Bank of India (RBI) has imposed, by an Order dated August 22, 2023, a monetary penalty of ₹ 5.00 lakh (Rupees Five Lakh only) on The Wagho.....
Tags : Penalty, Imposition, Non-compliance
No penalty could be levied on an assessee for a mere technical venial breach(11.06.2021)
Present appeal arises out of the order by the learned Commissioner of Income Tax (Appeals), in the matter of imposition of penalty under Section 272A(.....
Tags : Penalty, Imposition, Legality
When non-payment of tax is not due to fraud, collusion, wilful misstatement or suppression of facts, penalty cannot be imposed(30.06.2021)
The Appellant is engaged in providing construction of residential complex services. During the course of audit of the records, for the period 2012-201.....
Tags : Penalty, Imposition, Validity
Reserve Bank of India imposes monetary penalty on ICICI Bank Ltd.(15.12.2021)
The Reserve Bank of India (RBI) has imposed, by an order dated December 13, 2021, a monetary penalty of Rs. 30 Lakh (Rupees Thirty Lakh only) on ICICI.....
Tags : Penalty, Imposition, Non-compliance
RBI imposes monetary penalty on The Sahayadri Sahakari Bank Limited, Mumbai, Maharashtra(09.10.2023)
The Reserve Bank of India (RBI) has imposed, by an order dated September 15, 2023, a monetary penalty of ₹ 6.00 lakh (Rupees Six lakh only) on The Sah.....
Tags : Penalty, Imposition, Non-compliance
Bonafide mistake on the part of the assessee would not attract levy of penalty where all the particulars of income are duly disclosed(17.01.2022)
Present appeal is preferred by the assessee against the order passed by the Learned Commissioner of Income Tax, ['CIT(A)'] for assessment year 2014-15.....
Tags : Penalty, Imposition, Legality
Present Court is not supposed to substitute its decision over the decision of administrative authority(17.02.2022)
Present petition is filed for issue of a writ in the nature of mandamus and for direction/order, thereby quashing/setting-aside the impugned Memorandu.....
Tags : Penalty, Imposition, Legality
RBI imposes monetary penalty on G.S. Mahanagar Co-operative Bank Limited, Mumbai(12.09.2022)
The Reserve Bank of India (RBI) has, by an order dated September 08, 2022, imposed a monetary penalty of ₹ 25.00 lakh (Rupees Twenty-five lakh only) o.....
Tags : Non-compliance, Penalty, Imposition
RBI imposes monetary penalty on The Mandal Nagarik Sahakari Bank Ltd., Mandal, Dist. Ahmedabad, Gujarat(30.11.2023)
The Reserve Bank of India (RBI) has, by an order dated November 03, 2023, imposed a monetary penalty of ₹ 1.50 Lakh (Rupees One lakh fifty thousand on.....
Tags : Penalty, Imposition, Non-compliance
Penalty cannot be imposed without mentioning the specific charge(28.02.2022)
The instant appeal filed by the assessee is directed against the order passed by the Commissioner of Income Tax (Appeals) arising out of the penalty o.....
Tags : Penalty, Imposition, Legality
Demand of reversal of cenvat credit cannot be upheld, as Rule 9(1)(bb) of the Cenvat Credit Rules is not applicable(07.03.2022)
Present appeal has been filed by Ineos Styrolution (India) Ltd. against demand of reversal of cenvat credit, interest and imposition of penalty under .....
Tags : Demand, Penalty, Imposition
RBI imposes monetary penalty on The Prathamik Shikshak Sahakari Bank Limited, Satara, Maharashtra(07.12.2023)
The Reserve Bank of India (RBI) has, by an order dated November 21, 2023 imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on The Pratha.....
Tags : Penalty, Imposition, Non-compliance
RBI imposes monetary penalty on Indapur Urban Co-operative Bank Limited, Pune, Maharashtra(14.12.2023)
The Reserve Bank of India (RBI) has, by an order dated November 17, 2023, imposed a monetary penalty of ₹5.00 lakh (Rupees Five lakh only) on Indapur .....
Tags : Penalty, Imposition, Non-compliance
No penalty can be imposed without proving the role of person being charged(03.08.2022)
The issue in present appeal is whether penalty of Rs. 10 lakhs has been correctly imposed on the Appellant under Section 112(b) of the Customs Act, 19.....
Tags : Penalty, Imposition, Legality
RBI imposes monetary penalty on Zoroastrian Co-operative Bank Ltd., Mumbai(08.02.2024)
The Reserve Bank of India (RBI) has, by an order dated February 6, 2024, imposed a monetary penalty of ₹ 43.30 lakh (Rupees Forty-Three Lakh and Thirt.....
Tags : Penalty, Imposition, Non-Compliance
Where the charge is not properly set out in the notice under Section 274 of IT Act, the penalty order gets vitiated(10.01.2022)
The assessee was subjected to Survey action under Section 133A of the Income-tax Act, 1961 (IT Act), wherein a sum of Rs. 10,86,800 was offered as add.....
Tags : Penalty, Imposition, Validity
Assessee must be informed of the grounds of penalty proceedings only through statutory notice(02.12.2022)
The information has been received that the assessee had deposited cash amounting to Rs. 35,60,000 to his savings bank account during the Financial Yea.....
Tags : Penalty, Imposition, Legality
Reserve Bank of India imposes monetary penalty on United India Co-operative Bank Limited, Uttar Pradesh(14.03.2022)
The Reserve Bank of India (RBI) has imposed, by an order dated March 09, 2022, a monetary penalty of Rs. 1.00 lakh (Rupees One Lakh only) on the Unite.....
Tags : Contravention, Penalty, Imposition
RBI imposes monetary penalty on Rajdhani Nagar Sahkari Bank Limited, Lucknow(18.04.2024)
The Reserve Bank of India (RBI) has imposed, by an order dated March 30, 2024, a monetary penalty of ₹5.00 lakh (Rupees Five lakh only) on Rajdhani Na.....
Tags : Penalty, Imposition, Non-compliance
In the penalty proceeding, the burden lies on the revenue to prove that the assessee has concealed income or furnished inaccurate particular of income(22.02.2023)
The captioned appeal has been filed at the instance of the assessee against the order of the Learned Commissioner of Income Tax (Appeals), arising in .....
Tags : Penalty, Imposition, Legality
RBI imposes monetary penalty on Telangana State Cooperative Apex Bank Limited, Hyderabad(12.06.2023)
The Reserve Bank of India (RBI) has, by an order dated June 05, 2023, imposed a monetary penalty of Rs 2.00 lakh (Rupees Two Lakh only) on Telangana S.....
Tags : Penalty, Imposition, Non-compliance
RBI imposes monetary penalty on Suvarnayug Sahakari Bank Ltd., Pune, Maharashtra(08.08.2024)
The Reserve Bank of India (RBI) has, by an order dated August 05, 2024, imposed a monetary penalty of ₹2.00 lakh (Rupees Two lakh only) on Suvarnayug .....
Tags : Penalty, Imposition, Non- compliance
Penalty proceedings are penal in nature, the charge of offence should be specific, unequivocal and unambiguous(01.06.2023)
Present appeal arises out of the order of the Commissioner of Income Tax (Appeals) [CIT(A)] in Appeal against the order under Section 271(1)(c) of the.....
Tags : Penalty, Imposition, Legality
RBI imposes monetary penalty on Tiruchengode Co-operative Urban Bank Ltd.(27.06.2022)
The Reserve Bank of India (RBI) has imposed, by an order dated June 24, 2022, a monetary penalty of ₹ 10.00 lakh (Rupees Ten lakh only) on The Tiruche.....
Tags : Non-adherence, Penalty, Imposition
Central Government hereby imposes on the subject goods an anti-dumping duty at the rate equal to the amount as specified(09.11.2016)
Whereas, the designated authority vide notification No. 15/18/2015-DGAD, dated the 1st October, 2015, published in the Gazette of India, Extraordinary.....
Tags : Goods, Duty, Imposition
Abetment necessarily requires knowledge of the offending Act for imposing penalty under Section 111 of the Customs Act(04.07.2023)
The Appellant has filed the present appeal under Section 130 of the Customs Act, 1962 ('Customs Act'), impugning an order passed by the Customs, Excis.....
Tags : Penalty, Imposition, Legality
For a mere technical venial breach, the assessee should not be invited with penalty(16.01.2024)
The issue to be decided in present appeals is as to whether the learned CIT(A) was justified in confirming the levy of penalty under Section 272A(2)(k.....
Tags : Penalty, Imposition, Validity
RBI imposes monetary penalty on National Central Cooperative Bank Ltd., Bettiah, Bihar(11.07.2022)
The Reserve Bank of India (RBI) has imposed, by an order dated July 08, 2022, a monetary penalty of ₹ 2.00 lakh (Rupees Two lakh only) on The National.....
Tags : Non compliance, Penalty, Imposition
Safeguard Quantitative Restrictions (QR) imposed on import of Isopropyl Alcohol (IPA) dated 31.03.2023(31.08.2023)
1. Pursuant to issuance of Notification No. 64/2015-20 dated 31.03.2023 by the DGFT imposing safeguard measures in the form of Country-wise Quantitati.....
Tags : QR, Imposition, Import
Punishment to the employee at fault should be proportionate for the fault committed by him(08.01.2024)
In the facts of the present case, Petitioner was the Gram Sevak. Since he was unauthorizedly absent, the charge sheet was served upon him. The Petitio.....
Tags : Punishment, Imposition, Legality
RBI imposes monetary penalty on Warud Urban Co-operative Bank Ltd., Warud (Maharashtra)(08.08.2022)
The Reserve Bank of India (RBl) has imposed, by an order dated August 05, 2022, a monetary penalty of Rs. 1.00 lakh (Rupees One lakh only) on Warud Ur.....
Tags : Penalty, Imposition, Non-compliance
RBI imposes monetary penalty on Indrayani Co-operative Bank Ltd., Pimpri, Maharashtra(23.10.2023)
The Reserve Bank of India (RBI) has, by an order dated September 25, 2023, imposed a monetary penalty of ₹3.00 lakh (Rupees Three lakh only) on Indray.....
Tags : Penalty, Imposition, Non-compliance
Imposition of monetary penalty on Parwanoo Urban Co-operative Bank Limited, Parwanoo, Himachal Pradesh(21.11.2022)
The Reserve Bank of India (RBI) has imposed, by an order dated November 15, 2022, a monetary penalty of Rs 3.00 lakh (Rupees Three Lakh only) on The P.....
Tags : Penalty, Imposition, Non-compliance
RBI imposes monetary penalty on Shree Bharat Co-operative Bank Limited, Vadodara, Gujarat(04.01.2024)
The Reserve Bank of India (RBI) has, by an order dated December 13, 2023, imposed a monetary penalty of ₹5.00 lakh (Rupees Five lakh only) on Shree Bh.....
Tags : Penalty, Imposition, Non-compliance
Reserve Bank of India imposes monetary penalty on Indian Bank(20.11.2019)
The Reserve Bank of India (RBI) has imposed, by order dated November 18, 2019, monetary penalty of Rupees One crore on Indian Bank (the bank) for non-.....
Tags : Penalty, Imposition, Indian Bank
RBI imposes monetary penalty on State Bank of India(16.03.2021)
The Reserve Bank of India (RBI) has, by an order dated March 15, 2021, imposed a monetary penalty of ₹2 Crore (Rupees Two Crore only) on State Bank of.....
Tags : Monetary penalty, Imposition, SBI
RBI imposes monetary penalty on Bandhan Bank Ltd.(13.03.2024)
The Reserve Bank of India (RBI) has, by an order dated March 04, 2024, imposed a monetary penalty of ₹29.55 lakh (Rupees Twenty Nine Lakh Fifty-five T.....
Tags : Non-compliance, Penalty, Imposition
Imposition of port restrictions on supply of Prohibited/Restricted essential commodities to the Republic of Maldives during 2024-2025(15.04.2024)
In exercise of the powers conferred by Section 3 read with Section 5 of the Foreign Trade (Development & Regulation) Act, 1992 (No.22 of 1992), as ame.....
Tags : Imposition, Port restrictions, Prohibited essential commodities
RBI imposes monetary penalty on The Bapunagar Mahila Co-operative Bank Ltd., Ahmedabad, Gujarat(16.05.2024)
The Reserve Bank of India (RBI) has, by an order dated May 8, 2024, imposed a monetary penalty of ₹2.00 lakh (Rupees Two lakh only) on the Bapunagar M.....
Tags : Penalty, Imposition, Non-compliance
RBI imposes monetary penalty on The Central Co-operative Bank Limited, Bikaner, Rajasthan(29.04.2024)
The Reserve Bank of India (RBI) has, by an order dated April 16, 2024, imposed a monetary penalty of ₹2.00 lakh (Rupees Two lakh only) on The Central .....
Tags : Penalty, Imposition, Non-compliance
RBI imposes monetary penalty on The Prakasam District Co-operative Central Bank Ltd, Ongole, Andhra Pradesh(10.06.2024)
The Reserve Bank of India (RBI) has, by an order dated June 05, 2024, imposed a monetary penalty of ₹50,000/- (Rupees Fifty thousand only) on The Prak.....
Tags : Penalty, Imposition, Non-compliance
Imposition of penalty on Kohinoor Sahakari Bank Ltd., Ichalkaranji(29.05.2023)
The Reserve Bank of India (RBI) has, by an order dated May 23, 2023, imposed a monetary penalty of ₹1.00 lakh (Rupees One lakh only) on Kohinoor Sahak.....
Tags : Imposition, Penalty, Non-compliance
Safeguard duty on Solar cells whether or not assembled in modules or panels(13.08.2018)
1. Vide notification No. 1/2018-Customs (SG), dated the 30th July, 2018, safeguard duty has been imposed on Solar cells whether or not assembled in mo.....
Tags : Safeguard duty, Solar cells, Imposition
Reserve Bank of India imposes monetary penalty on FINO Payments Bank Limited(05.11.2018)
The Reserve Bank of India (RBI) has, on October 31, 2018, imposed a monetary penalty of Rs. 10 million on FINO Payments Bank Limited (the bank) for co.....
Tags : Penalty, Imposition, Bank Limited
RBI imposes monetary penalty on The Jammu and Kashmir Bank Ltd(14.11.2018)
The Reserve Bank of India (RBI) has imposed, by an order dated November 05, 2018, a monetary penalty of Rs. 30 million on The Jammu and Kashmir Bank L.....
Tags : Penalty, Imposition, Bank
Statement recorded under Section 108 of the Customs Act is a material piece of evidence and can be used as substantive evidence(08.01.2024)
Present appeal is against impugned Order passed by the learned Joint Secretary to the Government of India under Section 129DD of the Customs Act, 1962.....
Tags : Penalty, Imposition, Legality
Charge of suppression could not have been brought against an importer, if he has correctly described the goods in the Bill of Entry(25.01.2024)
The importer, had filed a Bill of Entry No. 3450978 dated 3rd October, 2017 for the clearance of the goods declared as 'GSL Artemia Brine Shrimp Foods.....
Tags : Penalty, Imposition, Legality
Penalty cannot be levied on assessee for bona fide mistakes which were corrected by filing the revised computation during the assessment proceedings(12.02.2024)
The present appeal has been filed by the assessee challenging the impugned order passed under Section 250 of the Income Tax Act, 1961by the learned Co.....
Tags : Penalty, Imposition, Legality
Initial burden of proof lies on the Department to show Assessee’s intention to evade tax, when the error in the documents is only typographical error(19.02.2024)
Present is a petition under Article 226 of the Constitution of India, 1950 wherein the writ Petitioner is aggrieved by the order passed in appeal and .....
Tags : Penalty, Imposition, Legality
Equal penalty can be imposed only in a case where the duty has not been paid or short paid by reason of collusion or any willful mis-statement or suppression of fact(19.04.2024)
Present appeal is directed against order-in-original wherein the Appellant challenged only imposition of penalties of Rs. 68,74,072 imposed under Sect.....
Tags : Penalty, Imposition, Legality
Once the party admits, the same need not be proved by the department(17.05.2024)
The Appellant filed the Bill of Entry for clearance of the goods declared as "Copper Clad Laminates-AL grade" classified under CTH 7474102100. The goo.....
Tags : Penalty, Imposition, Legality
Penalty is not leviable where there is a reasonable cause or where assessee establishes its bonafides(12.06.2024)
In present case, during the course of assessment proceedings, the Assessing Officer has levied penalty, under Section 271B and various other sections .....
Tags : Assessment, Penalty, Imposition
Consumer Forum has jurisdiction to adjudicate the legitimacy of statutory dues(16.09.2019)
In present case, the reference arises out of the order passed by a two-Judge Bench of present Court, wherein they expressed doubt as to the correctnes.....
Tags : imposition, Statutory due, Consumer fora, Jurisdiction
Allegations of clandestine manufacture and removal are required to be proved by production of sufficient evidence(18.01.2018)
All the present appeals have been filed against the Order-in-Original. Four appeals have been filed by the assessee as well as related parties, challe.....
Tags : Penalty, Imposition, Validity
Where there is failure on the part of the AO to specify the limb of Section 271(1)(c) of IT Act under which the penalty is imposed, penalty order cannot be sustained(23.08.2022)
Present appeal has been preferred by the Assessee against the order of First Appellate Authority arising out of an appeal before it against the penalt.....
Tags : Penalty, Imposition, Legality
In order to initiate prosecution under Section 70 of the IBC, the complaint has to be filed by the IBBI or Central Government or person authorized by Central Government(19.10.2023)
The instant appeal has been preferred against order passed by the National Company Law Tribunal, thereby, allowing the Application under Section 19(2).....
Tags : Prosecution, Cost, Imposition
Unless the charges upon the assessee are specific, penalty under Section 271(1)(c) of IT Act is not leviable(18.10.2022)
Present appeal by the assessee is directed against the order of the Learned Commissioner of Income Tax (Appeals), pertaining to Assessment Year 2015-1.....
Tags : Penalty, Imposition, Legality
Extended period cannot be invoked unless a positive act on the part of the assessee is evidenced showing the intent to evade payment of duty(20.02.2024)
Issue to be decided in the instant case is as to whether the Appellants are liable to pay penalty under Section 78 of the Finance Act, 1994 when the s.....
Tags : Penalty, Imposition, Legality
Any transaction done with respect to the assets of the Corporate Debtor/Corporate Applicant after imposition of moratorium is invalid(26.03.2021)
The present Appeal is filed against the Order passed by the National Company Law Tribunal, Hyderabad (Adjudicating Authority), whereby the Adjudicatin.....
Tags : Imposition, Moratorium, Transaction
When reasonable cause for non-compliance with notice is crystal clear, assessee need not to be visited with rigours of penalty(09.05.2024)
The Appellant has filed her return of income under Section 139 of the Income Tax Act, 1961 on 27.03.2015 declaring income of Rs.41,42,690. Assessing O.....
Tags : Penalty, Imposition, Legality