![Govt Notifies Major Amalgamation of RRBs Across Four States and UT: Andhra, Bihar, Gujarat, Karnataka, and J&K [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/04/Amalgamation-RRBs-Across-Four-States-and-UT-taxscan.jpg "Govt Notifies Major Amalgamation of RRBs Across Four States and UT: Andhra, Bihar, Gujarat, Karnataka, and J&K [Read Notification]")
Govt Notifies Major Amalgamation of RRBs Across Four States and UT: Andhra, Bihar, Gujarat, Karnataka, and J&K [Read Notification]
The Ministry of Finance has issued four notifications, S.O. 1625(E) to S.O. 1629(E), dated April 5, 2025, announcing the amalgamation of multiple...
![No disallowance of interest expense claimed in respect of ST RRB Credit Refinance Fund of NABARD: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/No-disallowance-interest-expense-respect-ST-RRB-Credit-Refinance-Fund-NABARD-ITAT-taxscan.jpg "No disallowance of interest expense claimed in respect of ST RRB Credit Refinance Fund of NABARD: ITAT [Read Order]")
Relief to NABARD: ITAT allows Interest Expenditure incurred from Government set up fund of RIDF and STCRCF allowable as deduction [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) while providing relief to National Bank for Agriculture & Rural Development ( NABARD ) allowed Interest Expenditure incurred from the...
![Relief to NABARD: ITAT allows Interest Expenditure incurred from Government set up fund of RIDF and STCRCF allowable as deduction [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-ITAT-Mumbai-NABARD-Government-funds-deduction-NABARD-Interest-expenditure-taxscan.jpg "Relief to NABARD: ITAT allows Interest Expenditure incurred from Government set up fund of RIDF and STCRCF allowable as deduction [Read Order]")
Deduction u/s 36(1)(xii) of Income Tax Act can only claim with respect to expenditure incurred on Promotional Activities “notified entities”: ITAT directs re adjudication [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) after observing the deduction under Section 36(1)(xii) of Income Tax Act, 1961 can only claim with respect to expenditure incurred on...
![Deduction u/s 36(1)(xii) of Income Tax Act can only claim with respect to expenditure incurred on Promotional Activities “notified entities”: ITAT directs re adjudication [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/TAT-Mumbai-Income-tax-Income-tax-news-Promotional-activities-expenditure-Notified-entities-TAXSCAN.jpg "Deduction u/s 36(1)(xii) of Income Tax Act can only claim with respect to expenditure incurred on Promotional Activities “notified entities”: ITAT directs re adjudication [Read Order]")
ITAT directs readjudication regarding Prior Period Expenses after find out year of Crystallization [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) directed readjudication regarding the prior period expenses after finding out the year of crystallization. The Assessee National Bank for...
![ITAT directs readjudication regarding Prior Period Expenses after find out year of Crystallization [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/ITAT-ITAT-Mumbai-Income-Tax-Income-tax-news-Prior-period-expenses-taxscan.jpg "ITAT directs readjudication regarding Prior Period Expenses after find out year of Crystallization [Read Order]")
ITAT upholds disallowance of Expenditure incurred out of Interest Income pertaining to various funds held by NABARD on behalf of GOI [Read Order]
The Mumbai bench of Income Tax Appellate Tribunal ( ITAT ) upheld the disallowance of expenditure incurred out of interest income pertaining to various funds held by the National Bank for Agriculture...
![ITAT upholds disallowance of Expenditure incurred out of Interest Income pertaining to various funds held by NABARD on behalf of GOI [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/05/Income-tax-news-NABARD-Indian-government-Disallowance-of-expenditure-TAXSCAN.jpg "ITAT upholds disallowance of Expenditure incurred out of Interest Income pertaining to various funds held by NABARD on behalf of GOI [Read Order]")
Non-Deposit of GST to Central and State Govt: Chhattisgarh High Court grants Anticipatory Bail to Horticulture Assistant Director [Read Order]
The Chhattisgarh High Court granted anticipatory bail to the Assistant Director of Horticulture for the complaint raised on non-depositing of GST to the Central and State governments. Nidhan Singh...
![Non-Deposit of GST to Central and State Govt: Chhattisgarh High Court grants Anticipatory Bail to Horticulture Assistant Director [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/05/Non-Deposit-of-GST-to-Central-and-State-Government-Non-Deposit-of-GST-Chhattisgarh-High-Court-Anticipatory-Bail-Chhattisgarh-High-Court-grants-Anticipatory-Bail-Taxscan.jpg "Non-Deposit of GST to Central and State Govt: Chhattisgarh High Court grants Anticipatory Bail to Horticulture Assistant Director [Read Order]")
Reimbursement of Seignorage Charge and Labour Cess on Construction Work done under NABARD has to challenge before Appropriate Forum: Patna HC dismisses Writ Petition
In a recent judgement ,the Patna High Court (HC)while dismissing the petition, held that the Reimbursement of Seignorage Charge and Labour Cess on construction work done under NABARD has to challenge...
