Wednesday, May 5, 2021

Individuals and MSMEs borrowers can avail one-time restructuring till September 30, 2021.

The RBI has issued RBI Governor’s Statement wherein additional measures taken by RBI to fight with Covid -19 has been discussed in details. One of the major measures is for Individuals and MSMEs borrowers having aggregate exposure of upto ₹25 crore and who were classified as ‘Standard’ as on March 31, 2021 shall be eligible for restructuring till September 30, 2021.

from taxmann.com News https://ift.tt/3nNyGFL

No comments:

Post a Comment

AO can’t disallow cost of improvement merely relying on enquiries made with assessee’s neighbour: ITAT

INCOME TAX : Where assessee had purchased a flat and incurred expenditure of Rs. 23 lakhs for purpose of renovating house and Assessing Offi...