Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
SEBI issued a circular on Standard Operating Procedure for handling Stock Exchange outage and extending trading hours in Commodity Derivatives segment. The circular mandates stock exchanges to implement necessary changes by July 01, 2024. In case of outage, affected exchanges must inform stakeholders promptly and update on the situation every 45 minutes. Trading hours extension depends on timely intimation to market participants. If not communicated by specified times, no extension occurs. The circular, u/s 11(1) of SEBI Act, aims to safeguard investor interests and regulate securities market. The procedure includes detailed timelines for resuming trading based on outage timings.
SEBI issued a circular on Standard Operating Procedure for handling Stock Exchange outage and extending trading hours in Commodity Derivatives segment. The circular mandates stock exchanges to implement necessary changes by July 01, 2024. In case of outage, affected exchanges must inform stakeholders promptly and update on the situation every 45 minutes. Trading hours extension depends on timely intimation to market participants. If not communicated by specified times, no extension occurs. The circular, u/s 11(1) of SEBI Act, aims to safeguard investor interests and regulate securities market. The procedure includes detailed timelines for resuming trading based on outage timings.
Note: It is a system-generated summary and is for quick reference only.