Search Results for Tag : Advances

News

ITAT: Normal Business Advances Not in Nature of ‘Loan’ are Not Deemed Dividend(21.01.2020)

Income Tax Appellate Tribunal, Delhi has held that the transaction where advance is received in the normal course of business and which is not taken a.....

Tags : Income Tax Appellate Tribunal, Business Advances, Deemed Dividend

NCLAT: Amounts Listed As ‘Other Advances’ in Company’s Balance Sheet aren’t Financial Debt under IBC(12.12.2025)

NCLAT, Delhi, recently held that amounts recorded as “other advances” in a company’s balance sheet, including long-standing advances with no repayment.....

Tags : Insolvency and Bankruptcy Code, Other Advances, Company

Notifications & Circulars

Advances against Term Deposits of Non-members(01.09.2016)

Pursuant to the deliberations in the 32nd Standing Advisory Committee meeting held on December 14, 2015, it has been decided to permit SEBs to grant a.....

Tags : Term deposits, Non-members, Advances