We've upgraded AI Search on TaxTMI with two powerful modes:
1. Basic • Quick overview summary answering your query with references• Category-wise results to explore all relevant documents on TaxTMI
2. Advanced • Includes everything in Basic • Detailed report covering: - Overview Summary - Governing Provisions [Acts, Notifications, Circulars] - Relevant Case Laws - Tariff / Classification / HSN - Expert views from TaxTMI - Practical Guidance with immediate steps and dispute strategy
• Also highlights how each document is relevant to your query, helping you quickly understand key insights without reading the full text.Help Us Improve - by giving the rating with each AI Result:
Non-banking financial company inclusion expands tax provision coverage to deposit-taking and systemically important NBFCs under amended rules. The amendment adds deposit-taking non-banking financial companies and systemically important non-deposit-taking non-banking financial companies into the operative clause and the long line of section 43D, and inserts an Explanation clause that adopts the meanings of those expressions from the explanatory definitions to the related provision, aligning definitions and extending the section's tax treatment to those categories of NBFCs.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
<h1>Non-banking financial company inclusion expands tax provision coverage to deposit-taking and systemically important NBFCs under amended rules.</h1> The amendment adds deposit-taking non-banking financial companies and systemically important non-deposit-taking non-banking financial companies into the operative clause and the long line of section 43D, and inserts an Explanation clause that adopts the meanings of those expressions from the explanatory definitions to the related provision, aligning definitions and extending the section's tax treatment to those categories of NBFCs.
TaxTMI 
• Category-wise results to explore all relevant documents on TaxTMI
Help Us Improve - by giving the rating with each AI Result:
TaxTMI 
TaxTMI 
