Tax deduction compliance and payee income recognition govern consultancy disallowance, while no exempt income prevents related expenditure disallowanc...
Derivative abetment liability fails when correctly declared imported components establish no underlying improper importation by the principal importer...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return filing...
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The Securities and Exchange Board of India (SEBI) permitted the exit of the Indian Commodity Exchange Limited as a stock exchange and withdrew the recognition granted to it, pursuant to an Order dated December 10, 2024. This withdrawal of recognition came into effect from the date of publication of the Notification in the Official Gazette, in exercise of powers under sub-section (1) of section 5 of the Securities Contracts (Regulation) Act, 1956.
The Securities and Exchange Board of India (SEBI) permitted the exit of the Indian Commodity Exchange Limited as a stock exchange and withdrew the recognition granted to it, pursuant to an Order dated December 10, 2024. This withdrawal of recognition came into effect from the date of publication of the Notification in the Official Gazette, in exercise of powers under sub-section (1) of section 5 of the Securities Contracts (Regulation) Act, 1956.
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