CharteredUniverse — AI workspace for chartered accountants
LoginSign Up
Back to Articles
Tax & ComplianceLiveMint — Money

Businessman gets ₹23L via RTGS, bank freezes his account over income mismatch; HC rules in his favour — here's why

21 Aug 2026 · 21 Aug 2026

A businessman received ₹23 lakh via RTGS but had his account frozen by the bank due to an income mismatch. The Allahabad High Court ruled in his favor, ordering the bank to pay ₹50,000 in compensation. Here's what happened.

This article was aggregated from LiveMint — Money. Continue reading for the complete story.

Read on LiveMint — Money

More Articles

General

Piyush Goyal Urges People To Promote Swadeshi Products At Bharatiya Mahotsav

Piyush Goyal Urges People To Promote Swadeshi Products At Bharatiya Mahotsav

Business Today

General

undefined

undefined

Business Today

General

Gautam Adani Recalls Arriving In Mumbai At 16, Says The First Step Is Often Hardest

Gautam Adani Recalls Arriving In Mumbai At 16, Says The First Step Is Often Hardest

Business Today

General

Kaynes Tech share price: Jefferies, JPMorgan, Investec, CLSA - Highest & lowest targets

For Nuvama, Kaynes Tech’s Q1 print was a mixed bag. It noted that Kaynes' profit fell 24 per cent YoY, which was 7 per cent below its estimate, led by lower other income and higher tax rate.

Business Today