Capital Trade Links Limited , a financial services company, has received favorable orders from the Commissioner of Income Tax (Appeals) [CIT(A)] under Section 250 of the Income Tax Act for Assessment Years 2021-22 and 2022-23. The company announced this development through a regulatory filing on October 28, 2025.

Key Details of the CIT(A) Orders

The CIT(A) has accepted the grounds of appeal raised by Capital Trade Links and allowed the appeals against income tax demands for two consecutive assessment years. The details of the orders are as follows:

The orders were received through the Income Tax Portal, as disclosed by the company.

Impact on the Company

Capital Trade Links Limited expects that the income tax demands disclosed in earlier intimations will stand disposed of as per the standard process. The company has stated that it believes there will be no major financial impact on the organization due to these orders.

Background of the Appeals

According to the LODR disclosure, Capital Trade Links had previously filed appeals against income tax demands of ₹4.31 crore and ₹3.68 crore (including interest) for Assessment Years 2021-22 and 2022-23, respectively. These appeals were filed against the orders of the Assessing Officer under Section 147 of the Income Tax Act.

The CIT(A) orders, referenced by DIN: ITBA/APL/M/250/2025-26/1082032776(1), have accepted the company's grounds of appeal and allowed the appeals.

Capital Trade Links Limited's management has expressed confidence that these favorable orders will resolve the previously disclosed income tax demands without significant financial implications for the organization.

Investors and stakeholders are advised to monitor further communications from the company regarding the final disposal of these tax demands and any potential impact on the company's financials.

Capital Trade Links , a financial services company, has announced a strategic move to expand its business portfolio by entering the small loan segment. The company has forged a partnership with GCT Technologies Pvt Ltd, a fin-tech startup, to facilitate this expansion.

Partnership Details

The agreement between Capital Trade Links and GCT Technologies centers around the provision of an app-based platform that will enable Capital Trade Links to offer financial assistance to its customers. This digital solution is expected to streamline the loan application and approval process, making it more accessible and efficient for borrowers.

About GCT Technologies

GCT Technologies, founded in 2018, specializes in the small ticket personal loan and digital credit line space. The company leverages advanced technologies such as big data analysis and machine learning for risk assessment, allowing borrowers to access customized loan products from various financial institution partners.

Leadership and Expertise

The fin-tech startup is led by co-founders Ms. Seema Gupta and Mr. Amit Kumar, who bring over four years of experience in retail finance to the table. Their expertise is likely to play a crucial role in the successful implementation of this new venture for Capital Trade Links.

Strategic Implications

This partnership marks a significant step for Capital Trade Links as it diversifies its offerings into the rapidly growing small loan segment. By leveraging GCT Technologies' innovative platform, Capital Trade Links aims to enhance its service offerings and potentially tap into a broader customer base.

The collaboration between an established financial services company and a technology-driven startup highlights the ongoing trend of traditional financial institutions partnering with fin-tech companies to modernize their operations and expand their market reach.

As the small loan and digital lending space continues to evolve, this strategic move positions Capital Trade Links to compete more effectively in the changing landscape of financial services. The success of this venture will likely depend on the seamless integration of GCT's technology with Capital Trade Links' existing operations and customer base.