Commercial vehicle depreciation, scientifically determined warranty provisions and exempt-income disallowances were resolved in favour of the taxpayer...
Inherited property sale proceeds require capital-gains treatment where ownership is supported by evidence, not suspicion or unverified signature doubt...
Cross-examination of retracted statements is essential where foundational evidence supports a benami allegation and documented funding explanations re...
Capital-goods exemption covers plant-modernisation accessories, while the import restriction applies only to earlier capital-goods components and spar...
Constitutional judicial review permits challenges to ECIRs and connected money-laundering proceedings where coercive action affects fundamental intere...
Circular mandates qualified stock brokers to provide facility of trading supported by blocked amount in secondary market using UPI block mechanism or 3-in-1 trading account integrating trading, demat and bank accounts. 3-in-1 account blocks funds/securities at order placement, transfers post market hours, client earns interest on available funds. Clients have option to continue existing mode or opt for new facilities. Provisions effective February 1, 2025. Stock exchanges and clearing corporations to amend bye-laws, disseminate circular. Issued under SEBI Act to protect investors, regulate securities market.
Circular mandates qualified stock brokers to provide facility of trading supported by blocked amount in secondary market using UPI block mechanism or 3-in-1 trading account integrating trading, demat and bank accounts. 3-in-1 account blocks funds/securities at order placement, transfers post market hours, client earns interest on available funds. Clients have option to continue existing mode or opt for new facilities. Provisions effective February 1, 2025. Stock exchanges and clearing corporations to amend bye-laws, disseminate circular. Issued under SEBI Act to protect investors, regulate securities market.
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