Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
SEBI issued a circular on "Financial Disincentives for Surveillance Related Lapses" at Market Infrastructure Institutions (MIIs). MIIs play a crucial role in market integrity. SEBI can take action u/s SEBI Act, 1992 for contraventions. Surveillance is a core function of MIIs to detect market abuse. The framework introduces financial disincentives for Surveillance Related Lapses based on MII revenue and instances of lapses. SEBI will provide an opportunity for submissions before imposing disincentives. MIIs must credit the disincentives to SEBI-IPEF. Disclosure requirements are specified. The framework excludes matters with market-wide impact or affecting market integrity. It does not apply to minor procedural lapses. Effective from July 1, 2024, the framework does not limit SEBI's other enforcement actions.
SEBI issued a circular on "Financial Disincentives for Surveillance Related Lapses" at Market Infrastructure Institutions (MIIs). MIIs play a crucial role in market integrity. SEBI can take action u/s SEBI Act, 1992 for contraventions. Surveillance is a core function of MIIs to detect market abuse. The framework introduces financial disincentives for Surveillance Related Lapses based on MII revenue and instances of lapses. SEBI will provide an opportunity for submissions before imposing disincentives. MIIs must credit the disincentives to SEBI-IPEF. Disclosure requirements are specified. The framework excludes matters with market-wide impact or affecting market integrity. It does not apply to minor procedural lapses. Effective from July 1, 2024, the framework does not limit SEBI's other enforcement actions.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
