Search Results for Tag : repayment

News

SC: Burden to Prove Full Repayment of Borrowed Amount is On The Party Claiming It(17.12.2021)

Supreme Court has held that when payment of money and repayment of a portion of it is admitted by a party, then the onus to establish that there was f.....

Tags : Supreme Court, Burden to Prove Full Repayment of Borrowed Amount

ITAT, Bangalore: Foreign Exchange Loss on Repayment of Borrowings is Revenue Expenditure(27.02.2020)

Income Tax Appellate Tribunal (ITAT), Bangalore has granted relief to Cafe Coffee Day and held that foreign exchange loss due to the reinstatement of .....

Tags : Income Tax Appellate Tribunal, Foreign Exchange Loss on Repayment of Borrowings

P&H HC: HC Has Power to Grant Extension of Time for Completion of Loan Repayment Under OTS Scheme(23.02.2022)

Punjab and Haryana High Court has observed that the High Court has the power to grant an extension of time for completion of the loan repayment under .....

Tags : Punjab and Haryana High Court, Completion of Loan Repayment

ITAT, Mumbai: Forex Gains on Repayment of Interest-free Loan by Relative Not Taxable(19.05.2021)

Income Tax Appellate Tribunal, Mumbai has ordered that foreign exchange gains arising in the hands of an individual, on a repayment of an interest-fre.....

Tags : Income Tax Appellate Tribunal, Forex Gains on Repayment of Interest-free Loan by Relative

Bombay HC: Pressurizing Someone for Repayment of Money is Not 'Extortion’(28.06.2023)

Bombay High Court has held that threatening a person into giving up his demand for repayment of money does not amount to extortion under Section 383 o.....

Tags : Bombay High Court, Extortion, Repayment

RBI Eases Bad Loan Classification Norms For Small Borrowers, Farmers(29.12.2016)

Reserve Bank of India (RBI) has relaxed norms for bad loan classification for small borrowers, including farmers, giving them additional 30 days to re.....

Tags : Reserve Bank of India, loan, repayment, Small Borrowers

Bombay High Court: Harassment for Loan Repayment Amounts to Abetment of Suicide(03.04.2017)

Bombay High Court while rejecting discharge pleas of two money lenders has said that continuous verbal and physical abuse and repeated demand for the .....

Tags : Bombay High Court, Loan Repayment, Abetment of suicide

International Cases

A person must apply for registration as a credit provider, if the total principal debt exceeds the threshold prescribed(21.12.2023)

Present is an appeal against the decision of the High Court, where it is declared that a loan and an acknowledgment of debt (the AOD) was subject to t.....

Tags : Loan, Agreement, Repayment

Notifications & Circulars

Cabinet approves extension of repayment date for short term loans for agriculture and allied activities by banks(01.06.2020)

The Union Cabinet chaired by the Prime Minister, Shri Narendra Modi has given its approval to extend repayment date upto 31.08.2020 for Standard Short.....

Tags : Repayment date, Extension, Short term loans, Agriculture