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NFRA Issues Notices to IndusInd Bank Auditors Over Suspected Accounting Irregularities
The National Financial Reporting Authority (NFRA) has issued notices to both current and former auditors of IndusInd Bank. This action comes amid...
![Setback to IndusInd Bank: Sale of Repossessed Vehicles attract VAT, rules Delhi HC [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/IndusInd-Bank-Setback-to-IndusInd-Bank-repossessed-vehicle-vat-Value-Added-Tax-Delhi-High-Court-TAXSCAN.jpg "Setback to IndusInd Bank: Sale of Repossessed Vehicles attract VAT, rules Delhi HC [Read Order]")
![RBIs UDGAM Portal entrusts 30 Banks, Including SBI, Axis, HDFC to Address Unclaimed Deposits: Check Complete Lists of Banks here [Read Press Release]](https://www.taxscan.in/wp-content/uploads/2023/10/RBI-UDGAM-Portal-entrusts-30-Banks-Including-SBI-Axis-HDFC-Address-Deposits-Check-Complete-Lists-Banks-TAXSCAN.jpg "RBIs UDGAM Portal entrusts 30 Banks, Including SBI, Axis, HDFC to Address Unclaimed Deposits: Check Complete Lists of Banks here [Read Press Release]")
Bad Debts from Credit Card Business Deductible as Business Loss: ITAT Grants Relief to IndusInd Bank [Read Order]
The Mumbai bench of the Income Tax Appellate Tribunal (ITAT), while allowing relief to IndusInd Bank has held that the bad debts arising from the credit card business shall be allowable as business...
![Bad Debts from Credit Card Business Deductible as Business Loss: ITAT Grants Relief to IndusInd Bank [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/12/Bad-Debts-Bad-Debts-from-Credit-Card-Business-Business-Loss-ITAT-IndusInd-Bank-taxscan.jpg "Bad Debts from Credit Card Business Deductible as Business Loss: ITAT Grants Relief to IndusInd Bank [Read Order]")
