Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
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...
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SEBI has revised the requirement for mandatory settlement of client funds who have not traded in the last 30 calendar days. Such clients' entire credit balance shall now be returned by the Trading Member on the upcoming settlement dates of the monthly running account settlement cycle as notified by Exchanges, instead of within three working days after 30 days of inactivity. However, if the client trades before the upcoming monthly settlement, the settlement shall continue as per the client's preference for quarterly/monthly cycle. The provisions are effective immediately to facilitate ease of doing business while safeguarding investor interests.
SEBI has revised the requirement for mandatory settlement of client funds who have not traded in the last 30 calendar days. Such clients' entire credit balance shall now be returned by the Trading Member on the upcoming settlement dates of the monthly running account settlement cycle as notified by Exchanges, instead of within three working days after 30 days of inactivity. However, if the client trades before the upcoming monthly settlement, the settlement shall continue as per the client's preference for quarterly/monthly cycle. The provisions are effective immediately to facilitate ease of doing business while safeguarding investor interests.
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