State Bank of India in its General Meeting of the Shareholders elected four Directors to the Central Board.
The meeting was held in terms of Regulation 40(4) of the State Bank of India General Regulations, 1955. As the number of valid nominations was 7 against the 4 notified vacancies, election was carried out and votes were cast through remote e-voting.
After the scrutiniser appointed by the Board of the Bank submitted consolidated report on votes cast during remote e-voting and e-voting at the General Meeting, the following four candidates securing highest number of votes were declared elected as Directors to the Central Board of the Bank under Section 19(c) of the SBI Act, 1955, for a term of three years w.e.f. 26th June, 2026 to 25th June, 2029:
| Sr. No. | Name of the elected Director | Address |
| 1. | Dr. Sandhya Shekhar | 44, 3rd Street, Park Avenue, Velachery, Chennai – 600042 (Tamil Nadu) |
| 2. | Shri K.R. Ashok | Tower 14, Flat No. 1903, Runwal Gardens Phase 2, Kalyan Shil Road, Dombivli (E), Thane – 421204 (Maharashtra) |
| 3. | Shri Khurshed Rustom Dordi | 1/3 Gurudeo Hatiskar Marg, Prabhadevi, Mumbai – 400025 (Maharashtra) |
| 4. | Shri Sandeep Natwarlal Shah | 11-B, Miramar, 3 Nepeansea Road, Near Stephen Church, Mumbai- 400036 (Maharashtra) |
- Penalty u/s 271B for unfilled column 40 in Tax Audit Report Form 3CD deleted by ITAT
- Merely ex-parte rectifying computation without amending assessment order not make it nullity- ITAT
- Once assessee discharges primary onus, it shifts to AO to bring evidence to contrary – ITAT
- Cost Inflation Index for FY/Tax Year 2026-27 notified by CBDT. See Up-to-date Table of CII
- Power of CIT(A) u/s 251(1)(a) to remand case can be exercised only in best judgment assessment
