Revisability of return invalidation communications under tax procedure affirmed, impugned non revisional finding quashed and matter remitted for fresh...
Transferable duty credit scrips validity and bona fide transferee entitlement to exemption upheld where scrips were subsisting at import, appeals allo...
Classification of knocked down motor vehicle component imports: Notification benefit denied because items are standalone non kit parts requiring subst...
SEBI's master circular consolidates and updates surveillance-related circulars for the securities market, placing applicable instructions in one instrument for stock exchanges, depositories, listed companies, intermediaries and fiduciaries. It rescinds the circulars listed in the appendix to the extent they relate to surveillance of securities market, while preserving prior actions, pending applications, accrued rights, liabilities, penalties and proceedings as if the rescinded circulars remained in force. It also incorporates updated provisions on financial disincentives for surveillance lapses at market infrastructure institutions, subscription to non-convertible securities during trading window closure, and automated trading window closure for immediate relatives of designated persons on declaration of financial results.
SEBI's master circular consolidates and updates surveillance-related circulars for the securities market, placing applicable instructions in one instrument for stock exchanges, depositories, listed companies, intermediaries and fiduciaries. It rescinds the circulars listed in the appendix to the extent they relate to surveillance of securities market, while preserving prior actions, pending applications, accrued rights, liabilities, penalties and proceedings as if the rescinded circulars remained in force. It also incorporates updated provisions on financial disincentives for surveillance lapses at market infrastructure institutions, subscription to non-convertible securities during trading window closure, and automated trading window closure for immediate relatives of designated persons on declaration of financial results.
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