Advance for share application money can’t be treated as loan just because shares were allotted after delay of 6 months: ITAT

Case details: Essar Power Ltd. … Continue reading “Advance for share application money can’t be treated as loan just because shares were allotted after delay of 6 months: ITAT”

ICAI notifies revised Form 18 under CA Regulations; enables multidisciplinary partnership with other professionals

The Institute of Chartered Accountants … Continue reading “ICAI notifies revised Form 18 under CA Regulations; enables multidisciplinary partnership with other professionals”

RBI directs banks to implement mandatory leaves policy for employees posted in sensitive positions/areas

Circular No. RBI/2021-22/70 DoR.ORG.REC.31/21.06.017/2021-22, Dated … Continue reading “RBI directs banks to implement mandatory leaves policy for employees posted in sensitive positions/areas”