![NBFC submits PAN of Parties from whom it claimed Bad Debts: ITAT upholds Income Tax Deduction [Read Order]](https://images.taxscan.in/h-upload/2026/01/19/500x300_2120723-nbfc-submits-pan-parties-whom-claimed-bad-debts-taxscan.webp "NBFC submits PAN of Parties from whom it claimed Bad Debts: ITAT upholds Income Tax Deduction [Read Order]")
NBFC submits PAN of Parties from whom it claimed Bad Debts: ITAT upholds Income Tax Deduction [Read Order]
In a recent ruling, the Delhi Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the income tax deduction on bad debts of a registered...
![Absence of Sanction Letter as per RBI Guideline Does Not Invalidate Financial Debt, NCLAT Sets Aside NCLT Order Against NBFC [Read Order]](https://images.taxscan.in/h-upload/2025/12/15/250x150_2112302-absence-sanction-letter-rbi-guideline-invalidate-financial-debt-nclat-nclt-order-against-nbfc-taxscan.webp "Absence of Sanction Letter as per RBI Guideline Does Not Invalidate Financial Debt, NCLAT Sets Aside NCLT Order Against NBFC [Read Order]")
![Post‑Dated Cheques Amount to Acknowledgement of Unpaid Financial Debt: NCLAT Sets Aside NCLT Order Against NBFC [Read Order]](https://images.taxscan.in/h-upload/2025/12/15/250x150_2112283-post-dated-cheques-amount-acknowledgement-unpaid-financial-debt-nclat-nclt-order-against-nbfc-taxscan.webp "Post‑Dated Cheques Amount to Acknowledgement of Unpaid Financial Debt: NCLAT Sets Aside NCLT Order Against NBFC [Read Order]")
![ICAI Finds CA Guilty of Misconduct for Failing to Audit Cash Flow Statement of NBFC Linked to Instant Loan App Scam Probe [Read Order]](https://images.taxscan.in/h-upload/2025/12/04/250x150_2110059-ca-professional-misconduct-taxscan.jfif "ICAI Finds CA Guilty of Misconduct for Failing to Audit Cash Flow Statement of NBFC Linked to Instant Loan App Scam Probe [Read Order]")
![Bogus Loan Entry: ITAT upholds Reopening under Revised Section 147 [Read Order]](https://images.taxscan.in/h-upload/2025/10/14/250x150_2096579-bogus-loan.webp "Bogus Loan Entry: ITAT upholds Reopening under Revised Section 147 [Read Order]")
Draft Gold Loan Norms not to affect Small Borrowers, implement from Jan 2026: Finance Ministry to RBI
India’s Finance Ministry has asked the Reserve Bank of India (RBI) to shield small borrowers and delay enforcement of proposed gold-loan rules until 1 January 2026. In a post on X, the Ministry’s...
Adar Poonawalla eyes Billion-Dollar Capital Raise to Boost NBFC Operations: Serum Institute CEO Speaks
Adar Poonawalla, CEO of Serum Institute of India and Chairman of Poonawalla Fincorp, in an exclusive interview with Siddharth Zarabi of Business Today, has confirmed that the Poonawalla Group is...
India Post Payments Bank and Aditya Birla Capital Limited Join Hands to Simplify Loan Accessibility in India
The India Post Payments Bank (IPPB) has announced a strategic partnership with Aditya Birla Capital Limited (ABCL), one of India’s leading financial services providers, to simplify and expand access...
Collection of Upfront Loan Interests Treated as "Fees": Bajaj Finance gets ₹863.15 Cr GST Demand Notice amidst Profitable Q3 Results
Bajaj Finance Limited, a leading non-banking financial company in India, is facing a significant Goods and Services Tax (GST) demand from the Pune Tax authorities, reported The Hindu Business Line....
