Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
Bogus donation receipts justified commission income assessment and defeated political-party tax exemption for inaccurate accounts and reporting failur...
Pure reimbursement without income element escapes tax withholding, while delayed withholding and unsupported provisions face deferred or renewed scrut...
Public benefit requirement defeats charitable registration where residents' association services are reciprocal, member-only facilities governed by mu...
The Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 were amended to introduce a new regulation 60A mandating participants to provide options to beneficial owners for nomination of persons to whom securities shall vest upon death or incapacitation. For joint accounts, joint beneficial owners may nominate a person upon whom securities shall vest upon death of all joint holders. Depositories and participants are not liable for actions taken based on such nominations.
The Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018 were amended to introduce a new regulation 60A mandating participants to provide options to beneficial owners for nomination of persons to whom securities shall vest upon death or incapacitation. For joint accounts, joint beneficial owners may nominate a person upon whom securities shall vest upon death of all joint holders. Depositories and participants are not liable for actions taken based on such nominations.
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