RBI has cautioned general public on social media deepfake videos of its governor giving financial advice
In a Press Release issued, RBI has stated that it has come to the notice of Reserve Bank of India that a fake videos of its Governor is being circulated in social media that claim launch of or support to some investment schemes by the RBI. These videos attempt to advise people to invest their money in such schemes, through use of technological tools.
RBI has clarified that none of its officials are not involved in or support any such activities and these videos are fake. RBI does not give any such financial investment advice.
RBI has cautioned public against engaging with and falling prey to such deepfake videos circulated over social media.
- AO took a reasonable stand that 25 kg written in WhatsApp chat was 25 lakh – ITAT
- Shareholders can’t be taxed for income from properties owned by the company – HC
- Jurisdictional error in reassessment approval can’t be shielded by the law of limitation
- ITAT ought to remanded whole matter of bogus purchases instead of profit determination
- Where proceedings u/s 153C barred by limitation, AO can’t invoke section 148 & 148A



