Political contribution deductions require assessee-specific proof before cash-back allegations can justify disallowance or unexplained-money additions...
SEBI issues Master Circular for Registrars to an Issue and Share Transfer Agents (RTAs) to consolidate relevant circulars. The new Master Circular supersedes previous versions and rescinds related circulars. Actions u/s the rescinded circulars are deemed valid under the new Master Circular. Pending applications are considered under the new provisions. Rights, obligations, penalties u/s rescinded circulars remain unaffected. The Circular is u/s Section 11(1) of SEBI Act, 1992 to safeguard investor interests and regulate the securities market.
SEBI issues Master Circular for Registrars to an Issue and Share Transfer Agents (RTAs) to consolidate relevant circulars. The new Master Circular supersedes previous versions and rescinds related circulars. Actions u/s the rescinded circulars are deemed valid under the new Master Circular. Pending applications are considered under the new provisions. Rights, obligations, penalties u/s rescinded circulars remain unaffected. The Circular is u/s Section 11(1) of SEBI Act, 1992 to safeguard investor interests and regulate the securities market.
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