![Relief to Serum Institute of India, Corporate Guarantee cannot be treated on par with Bank Guarantees: ITAT upholds the order of CIT(A) [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/10/Serum-Institute-of-India-Corporate-Guarantee-Bank-Guarantees-ITAT-CITA-taxscan.jpg "Relief to Serum Institute of India, Corporate Guarantee cannot be treated on par with Bank Guarantees: ITAT upholds the order of CIT(A) [Read Order]")
Relief to Serum Institute of India, Corporate Guarantee cannot be treated on par with Bank Guarantees: ITAT upholds the order of CIT(A) [Read Order]
As a relief to the serum institute of India, the Pune Bench of the Income Tax Appellate Tribunal (ITAT) has ruled that corporate guarantees cannot be...
![Bank can’t refuse NOC and Title Deed once after clearing the Charge over Property through Sale Agreement with the Third-party: Gujarat HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/Bank-NOC-title-deed-property-sale-agreement-Third-party-Madras-HC-taxscan.jpg "Bank can’t refuse NOC and Title Deed once after clearing the Charge over Property through Sale Agreement with the Third-party: Gujarat HC [Read Order]")
![Pledging of Shares of Clients with Banks for obtaining Bank Finance and for depositing margin money not violation of regulation of SEBI: ITAT deletes Addition against Share Broker [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/07/shares-banks-bank-finance-margin-money-SEBI-ITAT-Share-Broker-taxscan.jpeg "Pledging of Shares of Clients with Banks for obtaining Bank Finance and for depositing margin money not violation of regulation of SEBI: ITAT deletes Addition against Share Broker [Read Order]")
![Interest on Maturity of Govt Bonds cannot be Taxed in the Year of Accrual solely because TDS Deduction by Bank: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/06/Interest-Govt-Bonds-TDS-Deduction-taxscan.jpg "Interest on Maturity of Govt Bonds cannot be Taxed in the Year of Accrual solely because TDS Deduction by Bank: ITAT [Read Order]")
New Interest Equalisation Scheme: DGFT issues Trade Notice on Operationalisation of new online IT Module [Read Circular]
As the New Interest Equalisation Scheme is going to be implemented from 1st April 2022, the DGFT has issued a Trade Notice on Operationalisation of the new online IT Module. The trade notice draws...
![New Interest Equalisation Scheme: DGFT issues Trade Notice on Operationalisation of new online IT Module [Read Circular]](https://www.taxscan.in/wp-content/uploads/2022/03/Interest-Equalisation-Scheme-DGFT-Trade-Notice-Operationalisation-new-online-IT-Module-IT-module-Taxscan.jpg "New Interest Equalisation Scheme: DGFT issues Trade Notice on Operationalisation of new online IT Module [Read Circular]")
![Relief to Punjab & Sind Bank: ITAT deletes Disallowance of Depreciation on Securities [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/Relief-Punjab-Sind-Bank-ITAT-Disallowance-Depreciation-on-securities-Taxscan.jpg "Relief to Punjab & Sind Bank: ITAT deletes Disallowance of Depreciation on Securities [Read Order]")
Bank can’t withhold Original Documents of Property for dues of Another Loan taken under PMMY have not been paid: Gujarat High Court [Read Judgment]
The Gujarat High Court held that a bank cannot withhold original documents of property even after receiving the entire payment on a home loan on the grounds that dues of another loan taken under...
CBI files Chargesheet against 24 Accused including Chartered Accountant for Causing an Alleged Loss of Rs.297.80 cr to Bank
The Central Bureau of Investigation has today filed a charge sheet before Special Judge for CBI Cases, Mumbai against 24 accused including a private company based at Mumbai; its Director; Chartered...
ICAI issues Specific Considerations for conducting Online Audit of Bank Branch under current Covid-19 situation [Read Advisory]
The Institute of Chartered Accountants of India (ICAI) issued specific considerations while conducting the Distance Audit or Remote Audit or Online Audit of Bank Branch under the current Covid-19...
![ICAI issues Specific Considerations for conducting Online Audit of Bank Branch under current Covid-19 situation [Read Advisory]](https://www.taxscan.in/wp-content/uploads/2018/03/Bank-Audit-Taxscan.jpg "ICAI issues Specific Considerations for conducting Online Audit of Bank Branch under current Covid-19 situation [Read Advisory]")