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![NBFCs not liable to pay Service Tax on Risk Interest on Gold Loan: CESTAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/01/RBI-Issues-Master-circular-Bank-finance-Non-Banking-Financial-Companies-Taxscan.jpeg "NBFCs not liable to pay Service Tax on Risk Interest on Gold Loan: CESTAT [Read Order]")
NBFCs not liable to pay Service Tax on Risk Interest on Gold Loan: CESTAT [Read Order]
The Customs, Excise and Service Tax Appellate Tribunal (CESTAT), Bangalore bench has held that the Non-Banking Financial Companies (NBFC) are not...
![ITAT allows Assessee’s Claim to Write Back Credit to Profit and Loss Account for Bad Debt made in earlier years [Read Order]](https://www.taxscan.in/wp-content/uploads/2021/06/ITAT-profit-loss-bad-debt-Taxscan.jpg "ITAT allows Assessee’s Claim to Write Back Credit to Profit and Loss Account for Bad Debt made in earlier years [Read Order]")
Delhi HC Grants Bail to Former Religare Promoter Shivinder Mohan Singh Accused In PMLA Case [Read Order]
The Delhi High Court granted bail to former Religare promoter Shivinder Mohan Singh in connection with a money laundering case related to alleged fraud in the Religare Finvest Ltd (RFL). In this...
![Delhi HC Grants Bail to Former Religare Promoter Shivinder Mohan Singh Accused In PMLA Case [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/07/Religare-promoter-Shivinder-Mohan-Singh-Bail-Taxscan.jpg "Delhi HC Grants Bail to Former Religare Promoter Shivinder Mohan Singh Accused In PMLA Case [Read Order]")
Reduction in Price of Stock-in-Trade can be allowed while Computing Business Income only in Trading Account: ITAT [Read Order]
The Income Tax Appellate Tribunal (ITAT) held that a reduction in the price of the stock-in-trade can be allowed while computing business income only in trading accounts. But, if such a provision is...
![Reduction in Price of Stock-in-Trade can be allowed while Computing Business Income only in Trading Account: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/10/Stock-in-Trade.jpg "Reduction in Price of Stock-in-Trade can be allowed while Computing Business Income only in Trading Account: ITAT [Read Order]")