![No Duplication of Claim with S. 36(1)(viia) Provision: ITAT Upholds Deletion of Bad Debts Addition for SIDBI [Read Order]](https://images.taxscan.in/h-upload/2025/11/01/500x300_2101457-itat-mumbai-sidbi-bad-debts-taxscan.webp "No Duplication of Claim with S. 36(1)(viia) Provision: ITAT Upholds Deletion of Bad Debts Addition for SIDBI [Read Order]")
No Duplication of Claim with S. 36(1)(viia) Provision: ITAT Upholds Deletion of Bad Debts Addition for SIDBI [Read Order]
The Mumbai Bench of the Income Tax Appellate Tribunal (ITAT) has upheld the deletion of an addition made by the Assessing Officer (AO) regarding the...
![No Income Tax payable on Amount of Profit Transferred u/s 29(2)of SIDBI Act: Supreme Court Grants Leave [Read Order]](https://www.taxscan.in/wp-content/uploads/2023/12/Income-Tax-payable-Amount-of-Profit-Profit-Transferred-Profit-Supreme-Court-Grants-Leave-TAXSCAN.jpg "No Income Tax payable on Amount of Profit Transferred u/s 29(2)of SIDBI Act: Supreme Court Grants Leave [Read Order]")
RBI’s directions are Statutorily Binding on Financial Institutions like SIDBI: Supreme Court [Read Judgment]
The Supreme Court held that the directions issued by the Reserve Bank of India (RBI) are Statutory Binding on Financial Institutions Like Small Industries Development Bank of India (SIDBI). ...
![RBI’s directions are Statutorily Binding on Financial Institutions like SIDBI: Supreme Court [Read Judgment]](https://www.taxscan.in/wp-content/uploads/2022/01/RBI-atutorily-Binding-Financial-Institutions-SIDBI-Supreme-Court-Taxscan.jpeg "RBI’s directions are Statutorily Binding on Financial Institutions like SIDBI: Supreme Court [Read Judgment]")
Corporate Insolvency Resolution Process under I&B Code is barred if no returns have been filed by the company: NCLT [Read Order]
The National Company Law Tribunal (NCLT) dismissed the application for Corporate Insolvency Resolution Process under Section 10 of Insolvency Bankruptcy Code filed by M/s Neesa Infrastructure Limited...
![Corporate Insolvency Resolution Process under I&B Code is barred if no returns have been filed by the company: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2020/09/Corporate-Insolvency-Resolution-Process-NCLT-Taxscan.jpg "Corporate Insolvency Resolution Process under I&B Code is barred if no returns have been filed by the company: NCLT [Read Order]")
![Devendra Kumar Singh appointed as the new Director of SIDBI [Read Notification]](https://www.taxscan.in/wp-content/uploads/2020/06/Devendra-Kumar-Singh-SIDBI-Taxscan.jpeg "Devendra Kumar Singh appointed as the new Director of SIDBI [Read Notification]")
RBI announces Second set of Measures to preserve Financial Stability and help put Money in the hands of needy and disadvantaged
It is with these words that the Governor of the Reserve Bank of India (RBI) Shaktikanta Das began his statement, wherein he announced a set of nine measures to revive the struggling domestic economy....
Interest Subvention Scheme for MSMEs: RBI includes Co-op Banks as lending institution [Read Circular]
The Reserve Bank of India (RBI) has allowed co-operative banks including urban cooperative banks to avail Interest Subvention Scheme for micro, small and medium enterprises (MSMEs), which was earlier...
