Articles by Marimganti Tarun B.com,FCMA

Director Loans Explained: Companies Act 2013 vs Income Tax Act 1961

Marimganti Tarun B.com,FCMA 31 January 2026 at 11:00

Explore the Unified Compliance Theory for director funding in private companies. Understand how harmonized documentation, banking discipline, and source verification align Companies Act and Income Tax Act obligations while minimizing regulatory risk.

Applicability of Section 269SS of the Income Tax Act, 1961 to Director's Current Account Transactions

Marimganti Tarun B.com,FCMA 17 December 2025 at 07:09

An expert analysis of Section 269SS explaining why cash infusions by directors into closely held companies, driven by business exigency or survival needs, are not “loans or deposits” and do not attract penalty under Section 271D, supported by key judicial precedents.