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![Forfeiture of Security Deposit shall be treated as Capital Loss: ITAT grants relief to Ebony Retail [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/ITAT-forfeiture-Security-Deposit-Taxscan.jpg "Forfeiture of Security Deposit shall be treated as Capital Loss: ITAT grants relief to Ebony Retail [Read Order]")
Forfeiture of Security Deposit shall be treated as Capital Loss: ITAT grants relief to Ebony Retail [Read Order]
The Income Tax Appellate Tribunal (ITAT), Delhi Bench while upholding the order passed by the CIT(A) held that disallowance made on account of...
![GST: Patiala House Court denies Bail to accused for creating Fake Firms and claiming Fraudulent ITC [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/Patiala-House-Court-fake-firms-ITC-Taxscan.jpg "GST: Patiala House Court denies Bail to accused for creating Fake Firms and claiming Fraudulent ITC [Read Order]")
![RBI releases Expert Committee Report on Resolution Framework for COVID-19 related stress [Read Report]](https://www.taxscan.in/wp-content/uploads/2020/09/COVID-19-RBI-Resolution-Framework-expert-committee-report-Taxscan.jpg "RBI releases Expert Committee Report on Resolution Framework for COVID-19 related stress [Read Report]")
![MCA grants Extension of Time for holding AGM for Financial Year 2019-20 [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/09/MCA-AGM-Financial-Year-Taxscan.jpeg "MCA grants Extension of Time for holding AGM for Financial Year 2019-20 [Read Notification]")
Relaxation in Deposit Norms for Startup Companies: MCA allows additional 5 years time to repay deposits of Rs. 25 lakhs or more
The Ministry of Corporate Affairs (MCA) on Monday relaxed deposit norms for startup companies and allowed an additional 5 years' time to repay deposits of Rs. 25 lakhs or more. The government...
![SEBI allows NSE to undertake e-KYC Aadhaar Authentication services of UIDAI [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/09/SEBI-UIDAI-e-KYC-Aadhaar-Authentication-services-NSE-Taxscan.jpg "SEBI allows NSE to undertake e-KYC Aadhaar Authentication services of UIDAI [Read Circular]")
![CBIC allows Auto Let Export Order under Express Cargo Clearance System [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/09/Express-Cargo-Clearance-System-CBIC-Let-Export-Order-Taxscan.jpeg "CBIC allows Auto Let Export Order under Express Cargo Clearance System [Read Circular]")
ICAI announces Completion of MCS Course and Advanced IT Course through Virtual Mode for students appearing for May 2021 Final course exam
The Institute of Chartered Accountants of India (ICAI) announced the completion of the MCS Course and Advanced IT Course through Virtual Mode as one-time measure for students appearing for May 2021...
SEBI notifies New Provisions of Trigger date for the purpose of Creation of Segregated Portfolio [Read Circular]
The Securities Exchange Board of India (SEBI) has notified on provisions regarding the segregation of portfolios due to the COVID -19 pandemic. It has notified the date of the proposal...
![SEBI notifies New Provisions of Trigger date for the purpose of Creation of Segregated Portfolio [Read Circular]](https://www.taxscan.in/wp-content/uploads/2020/09/SEB-portfolio-taxscan.jpg "SEBI notifies New Provisions of Trigger date for the purpose of Creation of Segregated Portfolio [Read Circular]")
![CESTAT rejects Classification of Revenue in absence of any independent cogent evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/CESTAT-independent-cogent-evidence-taxscan.jpg "CESTAT rejects Classification of Revenue in absence of any independent cogent evidence [Read Order]")