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 directed AMCs, depositories, and KRAs to integrate with DigiLocker effective April 1, 2025, to reduce unclaimed assets in the securities market. The directive requires these entities to register as "Issuers" on DigiLocker, enabling investors to access their holding statements, transaction statements, and annual Consolidated Account Statements through their DigiLocker accounts. KRAs must share information about deceased investors with DigiLocker, which will then notify the deceased's DigiLocker nominees. This mechanism allows nominees to access the deceased's financial information and facilitates asset transmission by informing appropriate parties (nominees, joint holders, or legal heirs) about investments that might otherwise remain unclaimed. The circular preserves existing transmission norms while leveraging digital infrastructure to prevent unidentified unclaimed assets.
SEBI has directed AMCs, depositories, and KRAs to integrate with DigiLocker effective April 1, 2025, to reduce unclaimed assets in the securities market. The directive requires these entities to register as "Issuers" on DigiLocker, enabling investors to access their holding statements, transaction statements, and annual Consolidated Account Statements through their DigiLocker accounts. KRAs must share information about deceased investors with DigiLocker, which will then notify the deceased's DigiLocker nominees. This mechanism allows nominees to access the deceased's financial information and facilitates asset transmission by informing appropriate parties (nominees, joint holders, or legal heirs) about investments that might otherwise remain unclaimed. The circular preserves existing transmission norms while leveraging digital infrastructure to prevent unidentified unclaimed assets.
Note: It is a system-generated summary and is for quick reference only.
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