Handicraft job work receives concessional GST only for registered principals and predominantly handmade goods; commercial resin articles remain taxabl...
Reassessment disclosure requirements permit stated reasons without revealing information sources, but prior-taxation claims require full examination b...
Independent assessment discretion and corroborated electronic evidence determine validity of on-money additions and undisclosed-consideration assessme...
The regulations provide a comprehensive framework for implementing unit-based employee benefit schemes by investment managers of Infrastructure Investment Trusts (InvITs). Key aspects include provisions for trust deed, terms and conditions of schemes, disclosures in explanatory statements and annual reports, approval requirements for grants exceeding specified thresholds, treatment of options upon change in investment manager, accounting policies, and acquisition of units by employee benefit trusts. The regulations aim to safeguard the interests of employees and unitholders while enabling such schemes.
The regulations provide a comprehensive framework for implementing unit-based employee benefit schemes by investment managers of Infrastructure Investment Trusts (InvITs). Key aspects include provisions for trust deed, terms and conditions of schemes, disclosures in explanatory statements and annual reports, approval requirements for grants exceeding specified thresholds, treatment of options upon change in investment manager, accounting policies, and acquisition of units by employee benefit trusts. The regulations aim to safeguard the interests of employees and unitholders while enabling such schemes.
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