Bank of India Insurance Bank of India Insurance The Bank of India (BOI), in partnership with National Insurance Company Ltd., offers two primary health insurance products for individuals and families. The documentation you mentioned—the Proposal Form and the Prospectus—are the two most important documents for starting and understanding your coverage. 1. National Parivar Mediclaim Policy… Read More »
BOI DIGITAL TRANSACTION & FOREX FORMS BOI DIGITAL TRANSACTION & FOREX FORMS These Bank of India (BOI) forms are used for high-value domestic transfers, digital banking access, and foreign exchange (Forex) compliance under the Foreign Exchange Management Act (FEMA). 1. RTGS/NEFT Remittance Application Format This is the standard “Star Insta Remit” form used for transferring… Read More »
BOI CERTIFICATE FORMAT & TAX BOI CERTIFICATE FORMAT & TAX For Bank of India (BOI) customers and corporate clients, these forms are essential for tax planning, pension maintenance, and credit management. Following the latest regulatory updates in early 2026, here is the breakdown of the certificates and tax forms you mentioned: 1. Corporate Limit Enhancement… Read More »
Important GST Case Laws 01.05.2026 Relevant Act Section Case Law Title Citation Brief Summary CGST Act, 2017 Sec 9 State of Chhattisgarh v. D.A. Enterprises Click Here Pre-GST Bids: Contractor’s claim for post-GST reimbursement denied where the agreement fixed the tax burden on them; dispute relegated to arbitration. IGST Act, 2017 Sec 16 V Ships… Read More »
Classification of E-Bike Leasing: Right to Use vs. General Financial Services Facts The Business: The applicant is engaged in the supply of electric vehicles (e-bikes) on a long-term lease basis without an operator. The Agreement: The transaction is governed by a vehicle lease agreement where the possession and control of the e-bikes are handed over… Read More »
BOI LOAN APPLICATION FORMS BOI LOAN APPLICATION FORMS The Bank of India (BOI) offers a suite of specialized “Star” loan products. These application forms are typically available as downloadable PDFs from the official BOI portal or at physical branches. Below is a breakdown of the key points for each scheme and where to find the… Read More »
Shift from Writ Jurisdiction to GSTAT Following its Constitution Facts The Dispute: The Petitioner challenged an adverse assessment order for the period 2020-21, which had been affirmed by the First Appellate Authority. The Problem: At the time the dispute arose, the Goods and Services Tax Appellate Tribunal (GSTAT) had not been constituted, leaving the Petitioner… Read More »
Statutory Appeal vs. Writ: Condonation of Delay for Period Spent in Rectification Facts The Dispute: The Petitioner challenged an Order-in-Original and a summary demand in Form GST DRC-07 for the period July 2017 to March 2018. The Cause: The demand originated from a DRC-01A notice based on an Input Tax Credit (ITC) mismatch between GSTR-3B… Read More »
[Video] INCOME TAX PENALTY NOTICE SECTION 272A(1)(d) ISSUED! STEP BY STEP GUIDE HOW TO REPLY Summary This video provides a detailed step-by-step guide on how to respond to an Income Tax penalty notice issued under Section 272A(1)(d). It explains that this notice is typically issued for Assessment Year 2024-25 when a taxpayer fails to comply… Read More »
Bank of India Sukanya Samriddhi Account (SSA) FORMS Bank of India SSA FORMS The Sukanya Samriddhi Account (SSA) forms for Bank of India (BOI) are standardized under the Government Savings Promotion Rules. These forms are used to manage the savings scheme specifically designed for the benefit of a girl child. Below are the key forms… Read More »