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Chit Fund
Late Filing of GSTR-3B for entire Financial Year except 2 months: Commercial Tax Officer of Karnataka imposes 18% interest on Net Tax Liability
August 16, 2023
Loss of Chit Fund Utilized for Business Purpose allowable as BusinessĀ Loss:Ā ITAT [Read Order]
May 23, 2023
Loss of Chit Fund Utilized for Business Purpose allowable as BusinessĀ Loss:Ā ITAT [Read Order]
May 18, 2023
Vijayawada Court remands CA in Margadarsi Chit Fund Case
April 1, 2023
Participation in Chit Fund for Raising Fund: Difference b/w Subscription Amount Paid and Prize money received allowable as Income/Loss, rules ITAT [Read Order]
September 30, 2021
Madras High Court dismisses a plea challenging increase in fee from 3% to 5% under Tamil Nadu Chit Fund Rules, 1984 [Read Judgment]
December 2, 2020
Punjab & Haryana HC denies bail to person involved with syndicate for running the affairs of Company leading to alleged Fraud of more than Rs.2956 cr [Read Order]
September 24, 2020
Lok Sabha passes The Chit Funds (Amendment) Bill, 2019 [Read Bill]
November 20, 2019
Service Tax not payable on Chit Transactions During 2012 to 2015: Kerala HC [Read Judgment]
April 18, 2018
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