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...
The circular dated July 01, 2024, mandates the dispatch of Consolidated Account Statements (CAS) for all securities assets electronically by default, with the option for physical copies upon investor request. Amendments to relevant regulations are required for implementation by August 01, 2024. Depositories must update bye-laws, make system changes, and report to SEBI. The circular, issued under SEBI's authority, modifies specific sections of the SEBI Master Circular on Depositories. Investors will receive CAS via email based on transaction activity, with the option for physical statements. Holding statements will be sent electronically, with physical copies available on request. DP must provide demat account statements electronically, with physical copies if electronic mode is unavailable.
The circular dated July 01, 2024, mandates the dispatch of Consolidated Account Statements (CAS) for all securities assets electronically by default, with the option for physical copies upon investor request. Amendments to relevant regulations are required for implementation by August 01, 2024. Depositories must update bye-laws, make system changes, and report to SEBI. The circular, issued under SEBI's authority, modifies specific sections of the SEBI Master Circular on Depositories. Investors will receive CAS via email based on transaction activity, with the option for physical statements. Holding statements will be sent electronically, with physical copies available on request. DP must provide demat account statements electronically, with physical copies if electronic mode is unavailable.
Note: It is a system-generated summary and is for quick reference only.
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