Additional deduction claim
Case BriefsHigh Courts

The Court held that the expression “at its option” under Section 36(1)(vii-a)(a), Income-tax Act, 1961, could not be treated as surplusage or deprived of their ordinary meaning.

Banking Companies Nomination Rules
Legislation UpdatesRules & Regulations

A fresh wave of modernization to how bank customers in India manage nominations.

MSMEs directions RBI Government statutory force
Case BriefsSupreme Court

The matter revolved around the Notification dated 29-05-2015 issued by the Central Government, containing instructions for the Framework for Revival and Rehabilitation of MSMEs.

rbi
Legislation UpdatesNotifications

On 12-9-2023, the Reserve Bank of India (‘RBI’) notified the Classification, Valuation and Operation of Investment Portfolio of Commercial Banks, Directions, 2023

Case BriefsHigh Courts

Orissa High Court: Biswajit Mohanty J., dismissed the petition being non-maintainable. The facts of the case are such that the petitioner took