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Budget 2024-25: FM announces Internship Allowance of Rs.5000 for the Interns [Read Bill]
The Union Finance Minister Nirmala Sitharaman presented the full - Union Budget 2024 today before the parliament at 11 am. FM announced a scheme to...
Public Notice issued on Permissible Wastages and SIONS w.r.t. Jewellery Export kept in Abeyance till 31st of July, 2024: DGFT [Read Order]
The Government has temporarily suspended the public notice 05/2024 issued on 27th May 2024 till 31st July 2024 on representation of the Gem & Jewellery Export Promotion Council. The public notice...
"Connected Person” under Explanation-I of Section 29A(J) of IBC relates to Resolution Applicant, not Corporate Debtor: NCLT [Read Order]
The Hyderabad Bench of the National Company Law Tribunal ( NCLT ) held that the term "Connected Person” under Explanation-I of Section 29A(J) of the Insolvency and Bankruptcy Code, 2016 ( IBC )...
Traders challenge Section 43B(h) Income Tax Act before Supreme Court against MSME Delayed Payment Clause [Read Order]
The Federation of All India Vyapar Mandal has filed a petition in the Supreme Court challenging Section 43B(h) of the Income Tax Act. This new provision, introduced under the Finance Act 2022,...
![Traders challenge Section 43B(h) Income Tax Act before Supreme Court against MSME Delayed Payment Clause [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/04/Income-Tax-Supreme-Court-MSME-Delayed-Payment-Clause-MSME-TAXSCAN.jpg "Traders challenge Section 43B(h) Income Tax Act before Supreme Court against MSME Delayed Payment Clause [Read Order]")