Monday, July 6, 2020

RBI issues discussion paper on ‘Governance in commercial Banks’

With an objective to improve the quality of financial intermediaries, the Reserve Bank of India (RBI) has released a discussion paper on ‘Governance in Commercial Banks in India' for public comments. The objective of the discussion paper is to align the current regulatory framework with global best practices

from taxmann.com News https://www.taxmann.com/topstories/222330000000020752/rbi-issues-discussion-paper-on-‘governance-in-commercial-banks’.aspx

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AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

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