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![Madras HC Directs Dept to determine If IL&FS is a Public Institution under the Companies Act: Quashes ITAT Order [Read Order] Madras HC Directs Dept to determine If IL&FS is a Public Institution under the Companies Act: Quashes ITAT Order [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/03/Madras-High-Court-Madras-HC-ILFS-Public-Institution-Companies-Act-Quashes-ITAT-TAXSCAN.jpeg)
Madras HC Directs Dept to determine If IL&FS is a Public Institution under the Companies Act: Quashes ITAT Order [Read Order]
While quashing an order passed by the Income Tax Appellate Tribunal (ITAT), the Madras High Court has remanded the matter to the Assessing Officer...


![Opening Balance of Unsecured Loan cannot be treated as ‘Unexplained’: ITAT deletes Addition u/s 68 [Read Order] Opening Balance of Unsecured Loan cannot be treated as ‘Unexplained’: ITAT deletes Addition u/s 68 [Read Order]](https://www.taxscan.in/wp-content/uploads/2022/08/Opening-Balance-Unsecured-Loan-ITAT-taxscan.jpg)
![Income from Interest Received Temporarily Parked in the Banks and given as Unsecured Loan is Business Income: ITAT [Read Order] Income from Interest Received Temporarily Parked in the Banks and given as Unsecured Loan is Business Income: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2017/07/Interest-Rates-on-Small-Saving-Schemes.jpg)