Charitable trust registration requires a specified-violation notice; settled cash deposits and related-party payments did not justify cancellation or ...
External development charges trigger TDS under section 194C, while disputed administrative payments require factual verification and fresh adjudicatio...
Section 270AA penalty immunity requires identified statutory defaults and a hearing before rejection; reassessment disclosure may constitute under-rep...
Section 80JJAA employee-cost deduction allowed for deployed staff but barred against transfer-pricing income enhancement, with pricing issues remanded...
Transfer-pricing methodology protects commercially genuine associated-enterprise payments, while pre-2016 secondary adjustments and related notional i...
Negative liens over operating assets can constitute international transactions requiring arm's-length pricing reflecting restricted borrowing and expa...
Cross-examination rights in Customs Broker revocation inquiries require witness examination; procedural denial may be cured through fresh adjudication...
The mutual fund lite asset management company shall abide by various obligations specified in the regulations. Key requirements include exercising due diligence, obtaining necessary approvals, ensuring compliance with regulations and code of conduct, managing schemes independently without conflicts of interest, maintaining adequate systems and controls, proper disclosures, grievance redressal mechanisms, and submitting periodic reports to trustees and SEBI. The board of directors and key personnel like CEO, fund managers, dealers have specified responsibilities regarding compliance, risk management, and protecting unitholders' interests. Restrictions are imposed on transactions with associates and brokers to prevent conflicts of interest.
The mutual fund lite asset management company shall abide by various obligations specified in the regulations. Key requirements include exercising due diligence, obtaining necessary approvals, ensuring compliance with regulations and code of conduct, managing schemes independently without conflicts of interest, maintaining adequate systems and controls, proper disclosures, grievance redressal mechanisms, and submitting periodic reports to trustees and SEBI. The board of directors and key personnel like CEO, fund managers, dealers have specified responsibilities regarding compliance, risk management, and protecting unitholders' interests. Restrictions are imposed on transactions with associates and brokers to prevent conflicts of interest.
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