Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
Contingency expenses, exempt-income disallowance, and royalty benchmarking: unsupported adjustments were deleted under consistent accounting and trans...
SEBI amended Mutual Funds Regulations to insert provisions for identification and deterrence of market abuse, front-running, fraudulent transactions, whistle-blower policy, and exemption from recording face-to-face communications. Sub-regulations related to market abuse mechanisms come into force after 3-6 months, whistle-blower policy after 12 months. CEOs/MDs/CCOs accountable for implementation. Aimed at strengthening governance, compliance, and investor protection.
SEBI amended Mutual Funds Regulations to insert provisions for identification and deterrence of market abuse, front-running, fraudulent transactions, whistle-blower policy, and exemption from recording face-to-face communications. Sub-regulations related to market abuse mechanisms come into force after 3-6 months, whistle-blower policy after 12 months. CEOs/MDs/CCOs accountable for implementation. Aimed at strengthening governance, compliance, and investor protection.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
