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 issued guidelines mandating listed entities to follow industry standards for related party transactions (RPTs) disclosure requirements. The Industry Standards Forum, comprising ASSOCHAM, CII, and FICCI, under stock exchange oversight, developed uniform standards for minimum information disclosure to audit committees and shareholders regarding RPTs. The circular modifies Section III-B of the Master Circular, specifically updating requirements for information provision to audit committees and shareholder notices. Listed entities must comply with these standards in accordance with Regulation 23(2), (3), and (4) of LODR Regulations. The circular, exercised under SEBI Act powers and LODR Regulations, becomes effective April 1, 2025, with stock exchanges responsible for ensuring compliance among listed entities.
SEBI issued guidelines mandating listed entities to follow industry standards for related party transactions (RPTs) disclosure requirements. The Industry Standards Forum, comprising ASSOCHAM, CII, and FICCI, under stock exchange oversight, developed uniform standards for minimum information disclosure to audit committees and shareholders regarding RPTs. The circular modifies Section III-B of the Master Circular, specifically updating requirements for information provision to audit committees and shareholder notices. Listed entities must comply with these standards in accordance with Regulation 23(2), (3), and (4) of LODR Regulations. The circular, exercised under SEBI Act powers and LODR Regulations, becomes effective April 1, 2025, with stock exchanges responsible for ensuring compliance among listed entities.
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