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ITAT Mumbai Clarifies Critical Banking Taxation Standards for AY 2010-11
ITAT Mumbai's landmark ruling clarifies banking taxation for AY 2010-11, resolving disputes on pension funds, bad debts, and regulatory disallowances.
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ITAT Ruling Strengthens Taxpayer Defense Against Section 68 Additions
The Income Tax Appellate Tribunal (ITAT) recently ruled in favor of an assessee, deleting a contentious addition under Section 68 of the Income Tax Act after determining that a mere…
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FinMin Empowers ICICI, Groww, Upstox as Reporting Entities under PMLA Aadhaar Authentication Framework
India's FinMin empowers ICICI, Groww, Upstox for Aadhaar authentication under PMLA, boosting KYC and anti-money laundering efforts.