Invoice-based recovery claims remain time-barred despite separate winding-up proceedings, absent valid acknowledgment or part-payment of the disputed ...
Extended limitation fails without specific suppression allegations, while overseas employee secondment remains taxable as manpower supply within norma...
Time-share accommodation classification excludes Club or Association Service where purchasers receive contractual occupancy rights without genuine mem...
CENVAT credit for trading requires reversal, while taxable-service rental credit remains proportionately available and limitation issues await resolut...
Vicarious liability for dishonoured company cheques may extend to non-signatory directors where complaints contain foundational responsibility avermen...
SEBI amends the Custodian Regulations to replace annual fee references with monthly fee references across the fee and reporting provisions, with effect from 1 October 2026. The Second Schedule is revised to prescribe a monthly fee structure, require payment within 15 days after each month ends, and provide proportionate monthly fee for custodians registered after commencement. Custodians registered before commencement must pay proportionate annual fee for the year of commencement and monthly fee thereafter, with any annual fee already paid for a period overlapping commencement to be proportionately adjusted against the revised liability.
SEBI amends the Custodian Regulations to replace annual fee references with monthly fee references across the fee and reporting provisions, with effect from 1 October 2026. The Second Schedule is revised to prescribe a monthly fee structure, require payment within 15 days after each month ends, and provide proportionate monthly fee for custodians registered after commencement. Custodians registered before commencement must pay proportionate annual fee for the year of commencement and monthly fee thereafter, with any annual fee already paid for a period overlapping commencement to be proportionately adjusted against the revised liability.
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