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Income Tax

Section 269SS of Income Tax Act 1961: An Overview

Section 269SS

The practice of tax avoidance is quite prevalent among assessees for the purpose of tax savings. However, if it is done through unfair means or by the conc...

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Income Tax

Mahaveer Kumar Jain Vs Commissioner Of Income Tax: Case...

Income Tax

The Supreme Court of India ( Apex Court) pronounced a landmark judgement in the case titled Mahaveer Kumar Jain Vs Commissioner Of Income Tax dated 19th Ap...

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Taxation

Tax Implications of Different Types of Investments

Tax Implications

Management of tax as an investor is a supremely complex issue, and it is for this very reason that amateur investors are recommended for working with an ex...

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Digital Lending

Guidelines on Default Loss Guarantee (DLG) in Digital L...

Guidelines on Default Loss Guarantee (DLG) in Digital Lending

The Reserve Bank of India, in its press release dated June 8, 2023, issued Statement on Developmental and Regulatory Authority. The statement includes vari...

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RBI Notification

FLDG- RBI’s Statement on Developmental and Regula...

RBI's Statement on Developmental and Regulatory Policies

RBI released a developmental and regulatory policy statement on June 8, 2023. The objective of the plan is to encourage sustainability and stability in the...

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NBFC

Provisions for a penalty on ARC for non-compliance

ARC

Financial Institutions called Asset Reconstruction Companies ("ARCs") reconstruct and securitise bad assets held by banks and other financial institutions....

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PMLA

Bail in Prevention of Money Laundering Act: Case Laws...

Bail in Prevention of Money Laundering Act

Any person booked for an offence under the Criminal Procedure Code (CrPc) / the Code would be realised by securing 'bail'. This proposition is also applica...

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NBFC

Advertisement and Statement in lieu of Advertisement by...

Advertisement and Statement in lieu of Advertisement by the NBFC Soliciting Public Deposit

The Reserve Bank of India regulates Non-Banking Financial Companies in India, and they are subject to specific regulations and guidelines regarding adverti...

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