Central Government notifies non-banking financial companies (NBFCs) u/s 43D to be classified as Top Layer, Upper Layer and Middle Layer - 79/2023 - Income Tax Act, 1961
📋
Contents
Cases Cited
Referred In
Notifications
Circulars
Forms
Manuals
Acts
Rules & Regulations
Case Laws New
Ref Provisions New
Plus +
Source NTF
Summary
Similar
Note
Bookmark
Share
✓ Copied successfully !
Print
Print Options
For full text, please login
Login to TaxTMI
Verification Pending
The Email Id has not been verified. Click on the link we have sent on
Classification of NBFCs as top, upper and middle layers for income tax provision applicability and regulatory effect. Notification designates NBFCs classified in the Top Layer, Upper Layer and Middle Layer as the classes of non-banking financial companies to which section 43D of the Income-tax Act applies, with classification to follow the Reserve Bank of India's guidelines and the notification effective from its publication in the Official Gazette.
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.
Classification of NBFCs as top, upper and middle layers for income tax provision applicability and regulatory effect.
Notification designates NBFCs classified in the Top Layer, Upper Layer and Middle Layer as the classes of non-banking financial companies to which section 43D of the Income-tax Act applies, with classification to follow the Reserve Bank of India's guidelines and the notification effective from its publication in the Official Gazette.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
TaxTMI 
