Reporting obligation for offshore derivative instruments may allow quarterly nil reports after undertaking; transactions still require fortnightly reporting. FIIs without outstanding offshore derivative instruments may replace fortnightly 'Nil' reports with a quarterly 'Nil' report if they submit an undertaking to revert to fortnightly reporting upon issuance. Quarterly 'Nil' reports, containing the undertaking, must be filed within three working days after each quarter; FIIs with outstanding instruments or any issuance/renewal/cancellation/redemption must continue fortnightly reporting. Reports must follow the prescribed format and be emailed to the designated address. The instruction is issued under Regulation 20A and is effective immediately.
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.
Reporting obligation for offshore derivative instruments may allow quarterly nil reports after undertaking; transactions still require fortnightly reporting.
FIIs without outstanding offshore derivative instruments may replace fortnightly 'Nil' reports with a quarterly 'Nil' report if they submit an undertaking to revert to fortnightly reporting upon issuance. Quarterly 'Nil' reports, containing the undertaking, must be filed within three working days after each quarter; FIIs with outstanding instruments or any issuance/renewal/cancellation/redemption must continue fortnightly reporting. Reports must follow the prescribed format and be emailed to the designated address. The instruction is issued under Regulation 20A and is effective immediately.
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