https://www.taxtmi.com/highlights?id=79668 Failure to supply relevant relied upon documents at the time of issuing show cause notice (SCN) impinges upon principles of natural justice by denying effective opportunity to respond. Providing underlying documents forming basis of SCN is imperative to enable efficacious reply. Bank directed to furnish investigation report, stock and receivables audit report with annexures to allow petitioner to make effective reply to SCN categorizing account as "fraud" under RBI guidelines. en-us Wed, 24 Jul 2024 07:37:44 +0530 Wed, 24 Jul 2024 07:37:44 +0530 TaxTMI RSS Generator https://www.taxtmi.com/highlights?id=79668 Failure to supply relevant relied upon documents at the time of issuing show cause notice (SCN) impinges upon principles of natural justice by denying effective opportunity to respond. Providing underlying documents forming basis of SCN is imperative to enable efficacious reply. Bank directed to furnish investigation report, stock and receivables audit report with annexures to allow petitioner to make effective reply to SCN categorizing account as "fraud" under RBI guidelines. Highlights Indian Laws Wed, 24 Jul 2024 07:37:44 +0530 https://www.taxtmi.com/highlights?id=79668