Writ relief against show cause notices is available where jurisdiction is absent and concluded advance rulings cannot be reopened without fresh fraud ...
Section 80P business attribution: ITAT allows deduction on investment interest and ancillary receipts, but excludes staff-loan and other non-eligible ...
SEBI amended the Foreign Venture Capital Investors Regulations to revise registration and fee mechanics. The Second Schedule now replaces specified US dollar fee amounts with rupee amounts expressed in eligible foreign exchange equivalent, shifts payment timing to before grant of registration where applicable, and changes the remittance timeline for designated depository participants. DDPs must remit fees collected from foreign venture capital investors to SEBI within five working days of grant of initial registration, or within five working days of receipt of renewal or late fees, together with prescribed details. The amendments take effect on the 180th day after publication.
SEBI amended the Foreign Venture Capital Investors Regulations to revise registration and fee mechanics. The Second Schedule now replaces specified US dollar fee amounts with rupee amounts expressed in eligible foreign exchange equivalent, shifts payment timing to before grant of registration where applicable, and changes the remittance timeline for designated depository participants. DDPs must remit fees collected from foreign venture capital investors to SEBI within five working days of grant of initial registration, or within five working days of receipt of renewal or late fees, together with prescribed details. The amendments take effect on the 180th day after publication.
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