RBI Notification No. RBI/2025-26/82 mandates uniform, transparent procedures for settling deceased customers’ claims across banks. Sets 15-day time limits and penalty for delays.
SC confirmed disposal test in Hyatt PE case, ruling that deep operational control and access to hotel premises constituted a PE for UAE firm under India-UAE DTAA, making income taxable in India.
Comprehensive FAQ on the new MCA AOC-4 V3 form for FY 2025. Covers offline filing, mandatory PDF attachments, director address rule, conditional STP, and revision process.
MCA V3 launches revised MGT-7 for FY 2024-25. PAN, Folio, and validation sheet are mandatory for shareholders; external Excel use is not allowed.
ITAT rules that “hardship compensation” received by a flat owner from a builder during society redevelopment is a capital receipt, not taxable income. It adjusts the cost of acquisition.
ITAT Mumbai quashes reassessment (AY 13-14, 14-15) as AO missed the Rajeev Bansal-mandated “surviving limitation.” S. 149 prevails over S. 148A procedural timelines.
Understand how interest under the Income Tax Act is calculated, including Sections 234A–234D, 244A, and Rule 119A mechanics for taxpayers.
Use a Gold Loan Calculator to estimate your maximum loan amount based on gold purity, weight, and RBI’s LTV ratio. Check eligibility before applying for a secured gold loan.
Gujarat HC confirms deposit into Electronic Cash Ledger (ECL) is valid GST payment to the Government, satisfying bail conditions. Formal debit via DRC-03 is not mandatory.
IBBI Regulations 32 & 32A for liquidation: defines asset sale modes and prioritizes selling the business as a going concern to maximize value and preserve operations.
