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...
Exempt-income expenditure disallowance is confined to investments that actually generated exempt income, while supported business expenses remain dedu...
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.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 4798
Join Channel
TaxTMI 
