Tax Guru23h
CBDT Amends Form 3CD: Adds Section 44BBC, Removes 32AC, 32AD, 35AC & 35CCB
CBDT has introduced amendments to the Income-tax Rules, 1962, through Notification No. 23/2025, effective April 1, 2025. Key changes include modifications to Form 3CD, used for tax audits, with the ...
Mena FN19d
Court Upholds MSMED Act Over Arbitration Agreement In IT Services Dispute
The Court ruled that the Micro, Small and Medium Enterprises Development (MSMED) Act, 2006, being a specific legislation, would override the provisions of the Arbitration and Conciliation Act ...
Hosted on MSN2mon
Can writ courts intervene in MSEFC disputes? SC refers to Constitution bench
Under Section 18 of the MSMED Act, disputes involving delayed payments to micro or small enterprises must first undergo mandatory conciliation, failing which the MSEFC can either arbitrate the ...
LiveLaw13d
Withdrawal Of MSMED Council Application Does Not Preclude Arbitration U/S 11, Even Without Council's Response: Delhi High Court
The Delhi High Court bench of Justice Subramonium Prasad held that withdrawal of an application before the MSMED Council does not bar a party from seeking the appointment of an arbitrator ...
LiveLaw6d
Court Can Appoint Arbitrator U/S 11(6) Of Arbitration Act If MSME Council Fails To Initiate Mediation U/S 18 Of MSMED Act: Delhi HC
The Delhi High Court bench of Justice Jasmeet Singh has held that When the Facilitation Council under the Micro, Small, and ...