Personal liberty safeguards restrict arrest after court-directed GST appearance, requiring interim release where authorities overreach pending proceed...
Alternative statutory remedy and delay bar GST writ challenges despite pending rectification, while distinct subject matter permits parallel proceedin...
Unverified Insight Portal Information Cannot Justify Reassessment Without a Verified Taxpayer-Specific Income-Escape Nexus or Demonstrated Application...
Assessing Officer jurisdiction after statutory transfer invalidates reassessment notices issued by transferor officers and nullifies resulting proceed...
Consequential appeal-effect orders must implement rectification deleting working-capital adjustments and reconsider the resulting arm's-length range c...
Discounted cash flow valuation protects share premium where projections are reasonable, while audited book expenses defeat unexplained-expenditure add...
Insider trading liability under the 2015 PIT Regulations arises where a person possesses unpublished price sensitive information and trades in the company's shares, subject to a rebuttable presumption that the trade was motivated by that information. The listed defences are illustrative rather than exhaustive, but any additional defence must be comparable in nature. The intended use of sale proceeds and absence of profit do not negate liability. Disgorgement may equal wrongful gain or loss averted through the contravention. Breach of the prescribed insider-trading code of conduct may also attract penalty, while penalties may be reduced to the statutory minimum where circumstances justify it.
Insider trading liability under the 2015 PIT Regulations arises where a person possesses unpublished price sensitive information and trades in the company's shares, subject to a rebuttable presumption that the trade was motivated by that information. The listed defences are illustrative rather than exhaustive, but any additional defence must be comparable in nature. The intended use of sale proceeds and absence of profit do not negate liability. Disgorgement may equal wrongful gain or loss averted through the contravention. Breach of the prescribed insider-trading code of conduct may also attract penalty, while penalties may be reduced to the statutory minimum where circumstances justify it.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
