MNCs rush to tax experts as SC backs I-T dept on reassessment notices
The apex court on May 4 ruled that thousands of show-cause notices issued by the income-tax department under an old provision (Section 148) should be treated as the ones issued under the new amendment (Section 148 A).
Analysts go cautious on NBFCs after irregularities come upAnalysts say it is expected that some loan accounts will turn sour after restructuring and though it is too early to say whether this is a systemic problem, fiscal 2023 for non-banking finance companies (NBFCs) will most likely be a year of cautious optimism.
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