Dispute Resolution Panel objections must reach both prescribed forums; otherwise assessment may proceed and statutory appeal remains the proper remedy...
Political contribution deductions require recipient party compliance with contribution-reporting conditions; banking-channel donations alone do not qu...
Aggregation under TNMM prevents selective testing of intra-group services without comparable uncontrolled transactions, while appellate additional cla...
Protective assessment cannot duplicate identical receipts under competing characterisations; remote services did not establish a taxable permanent est...
Current account treatment of overseas tournament services removed most FEMA findings, but excess EEFC remittance and delayed repatriation remained bre...
Modification of bail conditions remains available through inherent jurisdiction where onerous deposits undermine justice and cannot recover disputed d...
The Securities and Exchange Board of India (SEBI) issued a circular providing relaxation from the International Securities Identification Number (ISIN) restriction limit for issuers desirous of listing originally unlisted ISINs outstanding as on December 31, 2023. Unlisted ISINs outstanding as on December 31, 2023, which are converted to listed ISINs pursuant to Regulation 62A(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, shall be excluded from the maximum limit of ISINs to mature in a financial year specified in the Master Circular for issue and listing of Non-convertible Securities. This relaxation aims to encourage issuers to list their grandfathered outstanding unlisted ISINs.
The Securities and Exchange Board of India (SEBI) issued a circular providing relaxation from the International Securities Identification Number (ISIN) restriction limit for issuers desirous of listing originally unlisted ISINs outstanding as on December 31, 2023. Unlisted ISINs outstanding as on December 31, 2023, which are converted to listed ISINs pursuant to Regulation 62A(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, shall be excluded from the maximum limit of ISINs to mature in a financial year specified in the Master Circular for issue and listing of Non-convertible Securities. This relaxation aims to encourage issuers to list their grandfathered outstanding unlisted ISINs.
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