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 has introduced a new framework for Rights Issues, effective April 7, 2025, requiring completion within 23 working days from board approval. The circular establishes expedited timelines for various stages of the Rights Issue process, reduces minimum subscription period to seven days, and introduces flexibility for allotment to specific investors. Stock Exchanges and Depositories must develop an automated validation system for applications within six months. The framework includes detailed timelines for pre-issue activities (Board approval to issue closure) and post-issue activities (closure to listing and trading). Consequential amendments to the Master Circular on ICDR Regulations have been made to align with this streamlined process.
SEBI has introduced a new framework for Rights Issues, effective April 7, 2025, requiring completion within 23 working days from board approval. The circular establishes expedited timelines for various stages of the Rights Issue process, reduces minimum subscription period to seven days, and introduces flexibility for allotment to specific investors. Stock Exchanges and Depositories must develop an automated validation system for applications within six months. The framework includes detailed timelines for pre-issue activities (Board approval to issue closure) and post-issue activities (closure to listing and trading). Consequential amendments to the Master Circular on ICDR Regulations have been made to align with this streamlined process.
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