ED Files Prosecution Complaint Against Parabolic Drugs’ Chartered Accountant and Directors for Money Laundering
The Directorate of Enforcement ( ED ) filed a Prosecution Complaint ( PC ) under the Prevention of Money Laundering Act ( PMLA ), 2002 against M/s...
![Date of Default of Corporate Guarantor is Independent of Principal Borrowers Date of Default: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/NCLT-NCLT-Mumbai-Corporate-Guarantor-Date-of-loan-agreements-Borrower-Principal-Borrower-TAXSCAN.jpg "Date of Default of Corporate Guarantor is Independent of Principal Borrowers Date of Default: NCLT [Read Order]")
![Disallowance of Expenditure u/s 14A cant be made when exempt Income-earning securities are held as Stock-in-trade: ITAT grants relief to Central Bank of India [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Disallowance-of-Expenditure-Income-earning-securities-Stock-in-trade-ITAT-grants-relief-Central-Bank-of-India-taxscan.jpg "Disallowance of Expenditure u/s 14A cant be made when exempt Income-earning securities are held as Stock-in-trade: ITAT grants relief to Central Bank of India [Read Order]")
![Late Deposit of TDS in Compliance with Interim Injunction order During Pendency of Writ Petition: ITAT deletes Interest for Late TDS deposit against Central Bank of India [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/09/Late-Deposit-of-TDS-TDS-Late-Deposit-of-TDS-in-Compliance-with-Interim-Injunction-order-Deposit-ITAT-taxscan.jpg "Late Deposit of TDS in Compliance with Interim Injunction order During Pendency of Writ Petition: ITAT deletes Interest for Late TDS deposit against Central Bank of India [Read Order]")
No Proper Enquiry about Property Before Participating in Auction: Calcutta HC quashes Demand for Interest and Refund of Stamp Duty and Registration Fee [Read Order]
The Calcutta High Court quashed demand for interest and refund of stamp duty and registration fee on no proper enquiry about property before participating in the auction. The appellant’s, Anita...
Certain Banks No longer available on NSDL portal for Tax Payments: Know How It is Beneficial to Taxpayers
With the new facility enabled by the income tax e-filing portal started allowing payment of taxes through the service of e-Pay Tax window on the portal itself, the customers of specific banks that...
Notice not mandatory for Personal Guarantor at the stage of appointment of IRP: NCLT rules in favour of Central Bank of India
In the case of the Central Bank of India, the National Company Law Tribunal (NCLT) of Amaravati Bench held that notice is not mandatory for a Personal Guarantor at the stage of appointment of IRP. ...
Delhi Court convicts persons for defrauding Central Bank of India by availing Credit facilities on the basis of Bogus Securities [Read Order]
The Delhi High Court convicted the persons for defrauding the Central Bank of India by availing credit facilities on the basis of bogus securities. The written complaint was filed by K. K. Gupta,...
CBI registers Case against Delhi Based Private Company for alleged Loss Of Rs.787.25 Crore, Conducts Searches
The Central Bureau of Investigation (CBI) has registered a case on a complaint from Punjab National Bank against a Delhi based private company (Borrower company) and others including its Directors;...
Penalty cannot be imposed on Central Bank of India for non-deduction of TDS on Interest earned on FDs of NOIDA: Allahabad HC
In a recent ruling, a division bench of the Allahabad High Court held that the assessee-Bank  cannot be treated as assesse-in-default for non-deduction of TDS on the interest earned on FDs of NOIDA. ...
