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Direct Tax Cases Weekly Round-Up: 04 To 10 February 2024

Bombay High CourtHSBC Bank Carrying On Bona Fide Banking Business In Mauritius Exempt From Tax In India: Bombay High Court Case Title: Commissioner of Income Tax Versus M/s. HSBC Bank. ....

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Loans Given By Co-Operative Banks To Their Nominal Members Qualify For Deduction U/s 80P(2)(A)(I), Reiterates Bangalore ITAT

While considering the definition of member under the Kerala Act, as per which loans given to nominal members would qualify for purpose of deduction u/s 80P(2)(a)(i) of the Income Tax Act, 1961, the. ....

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Governors Do Not Have Executive Powers. Yet They Continue to Act Like They Do.

Open confrontation between governors and state governments is a disturbing sign of the weakening of constitutional order. ....

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NBFCs Cannot Be Regulated By State Enactments SC

A bench of Justices Hemant Gupta and V Ramasubramanian said NBFCs play a very vital role in contributing to the financial health of the country whose operations are controlled by RBI, , supreme court, nbfcs, state enactments ....

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Kerala High Court quashes state government's ban on online rummy

Kerala High Court quashes state government's ban on online rummy
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