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...
SEBI amended the Depositories and Participants Regulations effective April 1, 2025, introducing key modifications to regulatory compliance. Depositories must now remit annual fees within 15 days of the financial year start, accompanied by chartered accountant-certified computation statements. A 15% per annum interest penalty applies for delayed or insufficient payments. Notably, regulation 82AA establishes depositories' sole responsibility for artificial intelligence implementation, mandating accountability for data privacy, security, and regulatory compliance regardless of whether AI tools are internally developed or externally sourced. The amendment emphasizes protection of investor data and stakeholder interests in automated systems while maintaining fiduciary obligations.
SEBI amended the Depositories and Participants Regulations effective April 1, 2025, introducing key modifications to regulatory compliance. Depositories must now remit annual fees within 15 days of the financial year start, accompanied by chartered accountant-certified computation statements. A 15% per annum interest penalty applies for delayed or insufficient payments. Notably, regulation 82AA establishes depositories' sole responsibility for artificial intelligence implementation, mandating accountability for data privacy, security, and regulatory compliance regardless of whether AI tools are internally developed or externally sourced. The amendment emphasizes protection of investor data and stakeholder interests in automated systems while maintaining fiduciary obligations.
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