Share Swaps Not Always Income Tax Free: What This Supreme Court Ruling Means for Mergers and Investors
Indian companies often treat mergers as tax-neutral events for shareholders. No money is paid. Shares of one company disappear and shares of another...
![MCA Big Relief: No Late Fees for FY 2024-25 Annual Filings, Know the Last Date [Read Circular]](https://images.taxscan.in/h-upload/2025/12/30/250x150_2115983-mca-big-relief-late-fees-annual-filings-taxscan.webp "MCA Big Relief: No Late Fees for FY 2024-25 Annual Filings, Know the Last Date [Read Circular]")
RBI Issues Directions for Co-Lending Arrangements Between Banks and NBFCs to Streamline Joint Lending Practices [Read Notification]
The Reserve Bank of India (RBI) has issued Notification No. RBI/DOR/2025-26/139, DOR.STR.REC.44/13.07.010/2025-26 dated August 6, 2025, announcing a comprehensive framework for Co-Lending...
![RBI Issues Directions for Co-Lending Arrangements Between Banks and NBFCs to Streamline Joint Lending Practices [Read Notification]](https://images.taxscan.in/h-upload/2025/08/08/500x300_2074448-rbi-issues-nbfcs-bank-taxscan.webp "RBI Issues Directions for Co-Lending Arrangements Between Banks and NBFCs to Streamline Joint Lending Practices [Read Notification]")
![RBI Issues Comprehensive Directions for Non-Fund Based Credit Facilities [Read Notification]](https://images.taxscan.in/h-upload/2025/08/08/500x300_2074401-rbi-rbi-directive-agency-banks-government-transactions-rbi-directive-sunday-banking-taxscan.webp "RBI Issues Comprehensive Directions for Non-Fund Based Credit Facilities [Read Notification]")
ITAT rules in Favor of Jaggery Trader, holds No 40(a)(ia) Disallowance Where Tax already Paid on Interest Income [Read Order]
The Income Tax Appellate Tribunal (ITAT), Pune bench, has ruled in favor of a jaggery products trader, holding that no disallowance under Section 40(a)(ia) of the Income Tax Act, 1961, can be made...
![ITAT rules in Favor of Jaggery Trader, holds No 40(a)(ia) Disallowance Where Tax already Paid on Interest Income [Read Order]](https://images.taxscan.in/h-upload/2025/07/26/500x300_2069427-itat-rules-favor-jaggery-trader-40aia-disallowance-tax-interest-income-taxscan.webp "ITAT rules in Favor of Jaggery Trader, holds No 40(a)(ia) Disallowance Where Tax already Paid on Interest Income [Read Order]")
RBI releases ‘Internal Risk Assessment Guidance’ for Money Laundering and Terrorist Financing
The Reserve Bank of India (RBI) has released the ‘Internal Risk Assessment Guidance for Money Laundering/Terrorist Financing Risks’ for its regulated entities ( REs ). The guidance, now available on...
