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RBI releases Framework for Financial Market SROs
The Reserve Bank of India ( RBI ) introduced a framework on Monday for recognizing self-regulatory organisations ( SROs ) within the financial...
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]")
SRA cannot seek Substitution with another Resolution Applicant when Resolution Plan is Approved by CoC and NCLT: NCLAT [Read Order]
The New Delhi Bench of the National Company Law Appellate Tribunal ( NCLAT ) held that the Successful Resolution Applicant ( SRA ) cannot seek substitution with another resolution applicant when...
Income from housing finance for Residential Purposes for a period of less than 5 years eligible for deduction u/s 36(1)(viii) of Income Tax Act: ITAT [Read Order]
The Two member bench of Income Tax Appellate Tribunal ( ITAT ) of Mumbai ruled that Income From housing finance for residential purposes for a period of less than 5 years should be eligible for...
![Income from housing finance for Residential Purposes for a period of less than 5 years eligible for deduction u/s 36(1)(viii) of Income Tax Act: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/03/ITAT-Mumbai-ITAT-Income-Tax-Income-Tax-Act-ITAT-housing-finance-deduction-ITAT-ruling-on-residential-finance-Taxscan.jpg "Income from housing finance for Residential Purposes for a period of less than 5 years eligible for deduction u/s 36(1)(viii) of Income Tax Act: ITAT [Read Order]")
