RBI Issues Draft Circular on Unique Transaction Identifier for OTC Derivative Transactions in India
The Reserve Bank of India (RBI) has released a draft circular introducing the Unique Transaction Identifier (UTI) framework for over-the-counter...
![Long-Time Retention of Cash in Hand from Declared Sources not Grounds for Doubts: ITAT Deletes Income Tax Addition [Read Order]](https://images.taxscan.in/h-upload/2025/10/13/250x150_2096305-cash-in-hand-itat-income-tax-addition-taxscan.webp "Long-Time Retention of Cash in Hand from Declared Sources not Grounds for Doubts: ITAT Deletes Income Tax Addition [Read Order]")
![CCI Dismisses Information filed Against Cholamandalam General Insurance of CCI Act After years [Read Order]](https://images.taxscan.in/h-upload/2025/08/14/250x150_2076795-cholamandalam-general-insurance-general-insurance-cci-taxscan.webp "CCI Dismisses Information filed Against Cholamandalam General Insurance of CCI Act After years [Read Order]")
ITAT upholds CIT(A)’s Deletion of ₹3.4 crore Addition u/s 69A, Dismisses AO’s Appeal for Lack of Evidence [Read Order]
The Cuttack Bench of the Income Tax Appellate Tribunal (ITAT) rejected the assessing officer (AO)’s appeal challenging the Commissioner of Income Tax (Appeals) [CIT(A)] deletion of Rs. 3.4 Crore...
![ITAT upholds CIT(A)’s Deletion of ₹3.4 crore Addition u/s 69A, Dismisses AO’s Appeal for Lack of Evidence [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/10/ITAT-ITAT-Cuttack-CITA-Commissioner-of-Income-Tax-Appeals-AO-assessing-officer-Evidence-TAXSCAN.webp "ITAT upholds CIT(A)’s Deletion of ₹3.4 crore Addition u/s 69A, Dismisses AO’s Appeal for Lack of Evidence [Read Order]")
Liability of Corporate Guarantor Does Not Absolve Only Due to Non-Invocation of Guarantee: NCLAT [Read Order]
The Delhi bench of the National Company Law Appellate Tribunal ( NCLAT ) held that a Corporate Guarantor cannot be absolved from its liability only due to non-invocation of guarantee. Iskon Infra...
![Liability of Corporate Guarantor Does Not Absolve Only Due to Non-Invocation of Guarantee: NCLAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/07/NCLAT-NCLAT-Delhi-National-Company-Company-Law-Appellate-Tribunal-Corporate-Guarantor-TAXSCAN.jpg "Liability of Corporate Guarantor Does Not Absolve Only Due to Non-Invocation of Guarantee: NCLAT [Read Order]")
Central Bank of India announces Low Interest Loans for CA/CS/CMA Professionals for Office/Practice Development
In a bid to support the financial needs of Chartered Accountants ( CA ), Company Secretaries ( CS ), and Cost Accountants ( CMA ), the Central Bank of India ( CBI ) has rolled out a new and enticing...
