Prime Lending Rate

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• All India Bank Officers’ Confederation v. The Regional Manager, Central Bank of India and Others
  2024 INSC 3897 May 2024Dismissed

  I. Does Section 17(2)(viii) of the Income Tax Act, 1961 and/ or Rule 3(7)(i) of the Income Tax Rules, 1962 lead to a delegation of the ‘essential legislative function’ to the Central Board of Direct Taxes? II. Is Rule 3(7)(i) of…