Specified fund definition expands PAN exemption eligibility for registered alternative investment funds and qualifying International Financial Service...
Tax exemption for specified legal-services authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and...
Approved resolution plans extinguish unsubmitted pre-approval tax claims, preventing later recovery outside the insolvency process and preserving a cl...
Transfer pricing comparability requires functional alignment and permits working capital adjustment, while APA margins cannot govern non-covered years...
Proceeds of crime were considered regarding the refund amount from unsuccessful IPO applications due to malpractices and manipulations by certain entities. The SEBI determined unlawful gains by taking the difference between the sale and allotment amounts, while the FIR/ECIR recorded the entire amount as 'proceeds of crime' used for cheating the public. The SEBI order was within its provisions, distinct from the Act of 2002. There were no discrepancies or contradictions in the amount mentioned in the orders. The allegation of discrimination in treatment was unsubstantiated. The appeals failed as none of the arguments raised by the appellant had merit.
Proceeds of crime were considered regarding the refund amount from unsuccessful IPO applications due to malpractices and manipulations by certain entities. The SEBI determined unlawful gains by taking the difference between the sale and allotment amounts, while the FIR/ECIR recorded the entire amount as 'proceeds of crime' used for cheating the public. The SEBI order was within its provisions, distinct from the Act of 2002. There were no discrepancies or contradictions in the amount mentioned in the orders. The allegation of discrimination in treatment was unsubstantiated. The appeals failed as none of the arguments raised by the appellant had merit.
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