Receipt of immovable property requires actual possession or enjoyment; redevelopment allotments exchanged for tenancy rights fall outside deemed incom...
Section 80P deduction covers Souharda credit societies, including qualifying surplus-deposit interest, subject to member KYC verification for cash dep...
Transfer-pricing benchmarking and capital-receipt principles sustained taxpayer relief, while unsupported property-advance write-offs remained disallo...
SEBI has issued a Master Circular dated August 04, 2023, revising guidelines for the Investor Protection Fund (IPF) and Investor Services Fund (ISF) for stock exchanges with a commodity derivatives segment. Previous circulars have been rescinded. The new guidelines, effective June 01, 2024, include detailed provisions on the constitution, management, and utilization of IPF and ISF. Exchanges must amend their bye-laws, rules, and regulations accordingly and inform SEBI of their implementation status. This Circular is issued u/s 11(1) of the SEBI Act, 1992, to protect investors and regulate the securities market.
SEBI has issued a Master Circular dated August 04, 2023, revising guidelines for the Investor Protection Fund (IPF) and Investor Services Fund (ISF) for stock exchanges with a commodity derivatives segment. Previous circulars have been rescinded. The new guidelines, effective June 01, 2024, include detailed provisions on the constitution, management, and utilization of IPF and ISF. Exchanges must amend their bye-laws, rules, and regulations accordingly and inform SEBI of their implementation status. This Circular is issued u/s 11(1) of the SEBI Act, 1992, to protect investors and regulate the securities market.
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