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...
Governmental authority status supports construction-service exemption, while pre-cutoff contract and stamp-duty compliance requires verification on re...
Automated Free Sale and Commerce Certificates enable paperless processing while retaining risk-based manual verification for selected exporter applica...
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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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