https://www.taxtmi.com/manuals?id=4815 Banking company under the Income-tax Act, 2025 generally covers a company subject to the Banking Regulation Act, 1949, including specified banks and banking institutions. One provision adopts the meaning in the Banking Regulation Act, while the TDS and TCS definition applies to a banking company governed by that Act. The Income-tax Act, 1961 applies the wider definition to cash-loan and deposit-repayment provisions. en-us Fri, 06 Sep 2024 17:17:00 +0530 Sat, 22 Aug 2026 12:00:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/manuals?id=4815 Banking company under the Income-tax Act, 2025 generally covers a company subject to the Banking Regulation Act, 1949, including specified banks and banking institutions. One provision adopts the meaning in the Banking Regulation Act, while the TDS and TCS definition applies to a banking company governed by that Act. The Income-tax Act, 1961 applies the wider definition to cash-loan and deposit-repayment provisions. Manuals Income Tax Fri, 06 Sep 2024 17:17:00 +0530 https://www.taxtmi.com/manuals?id=4815