Necessary-party requirements limit impleadment of independent entities, while deferred consideration does not create an appealable adverse determinati...
Food supplement classification requires common parlance and authoritative tests, preventing treatment as proprietary Ayurvedic medicines without suppo...
Specified regulatory authority income receives conditional tax exemption, subject to non-commercial activity, unchanged income character, and return f...
Tax exemption for regulatory authority income applies retrospectively, subject to non-commercial activity, unchanged income sources, and return-filing...
Input tax credit conditions remain constitutionally valid, with eligible recipient claims considered under GST circulars and retrospective filing dead...
RBI amended notification S.O. 2192(E) under Section 16 of Securities Contracts (Regulation) Act, 1956 regarding prevention of undesirable speculation in securities. The amendment modifies clause (A)(1) to regulate contracts for sale/purchase of Government Securities, gold related securities, and money market securities. Exemptions include spot delivery contracts, recognized stock exchange trades permitted under applicable rules, and specifically RBI-permitted contracts. The modification aims to strengthen regulatory oversight of securities trading while maintaining legitimate market operations. Amendment effective upon Official Gazette publication. This revision supersedes previous provisions while maintaining core regulatory framework for securities trading supervision.
RBI amended notification S.O. 2192(E) under Section 16 of Securities Contracts (Regulation) Act, 1956 regarding prevention of undesirable speculation in securities. The amendment modifies clause (A)(1) to regulate contracts for sale/purchase of Government Securities, gold related securities, and money market securities. Exemptions include spot delivery contracts, recognized stock exchange trades permitted under applicable rules, and specifically RBI-permitted contracts. The modification aims to strengthen regulatory oversight of securities trading while maintaining legitimate market operations. Amendment effective upon Official Gazette publication. This revision supersedes previous provisions while maintaining core regulatory framework for securities trading supervision.
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