Defined public benefit can retain charitable character; registration renewal requires examining genuine activities and legal compliance, not surplus a...
Capital reduction is distinct from share buy-back, preventing buy-back tax; restructuring interest and related business deductions also survive scruti...
Transfer pricing and tax deductions upheld on established principles, while employee contributions and warranty provisions returned for fresh examinat...
Captive transfer pricing relies on industrial consumer tariffs, while genuine quotations can benchmark effluent treatment transfers under the Other Me...
Specific tariff classification for ophthalmic instruments and extended limitation principles determine the treatment of duty demands, confiscation, an...
The Liquidation Process Regulations are amended to require, for a corporate debtor classified as an MSME, the liquidator to appoint one registered valuer for each asset class. The liquidator may appoint two registered valuers only after consultation with the consultation committee and for reasons recorded in writing. The amendment takes effect on publication in the Official Gazette and also makes a drafting change in regulation 35 by inserting the word "further" in the existing proviso.
The Liquidation Process Regulations are amended to require, for a corporate debtor classified as an MSME, the liquidator to appoint one registered valuer for each asset class. The liquidator may appoint two registered valuers only after consultation with the consultation committee and for reasons recorded in writing. The amendment takes effect on publication in the Official Gazette and also makes a drafting change in regulation 35 by inserting the word "further" in the existing proviso.
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