TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
Functional comparability governs software-service benchmarking: dissimilar companies are excluded, while related-party filters, margins and working-ca...
The key outcomes from the amendments are: The listed entity shall promptly disclose audio and video recordings of quarterly earnings calls, with transcripts submitted within 5 working days. Listed entities ranked 1001-2000 by market cap shall endeavor to have at least one woman independent director and may constitute a risk management committee. Certain disclosure requirements were eased for dividends, share transfers, and mergers of wholly-owned subsidiaries. Time periods were revised for disclosing financial results after insolvency proceedings, fixing record dates, and intimating board meetings. Disclosure thresholds were enhanced for acquisition of shares in unlisted firms and imposition of penalties. Certain compliance requirements were relaxed for entities with approved insolvency resolution plans.
The key outcomes from the amendments are: The listed entity shall promptly disclose audio and video recordings of quarterly earnings calls, with transcripts submitted within 5 working days. Listed entities ranked 1001-2000 by market cap shall endeavor to have at least one woman independent director and may constitute a risk management committee. Certain disclosure requirements were eased for dividends, share transfers, and mergers of wholly-owned subsidiaries. Time periods were revised for disclosing financial results after insolvency proceedings, fixing record dates, and intimating board meetings. Disclosure thresholds were enhanced for acquisition of shares in unlisted firms and imposition of penalties. Certain compliance requirements were relaxed for entities with approved insolvency resolution plans.
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