Opportunity to furnish unsecured-loan confirmations is required before reassessment initiation; proceedings require fresh consideration after taxpayer...
Under-reporting on a first reassessment return attracts penalty, while enhanced misreporting penalty requires proof of a statutory misreporting catego...
SEBI has modified the disclosure requirements for shareholding patterns under Regulation 31 of the Listing Regulations. The amendments require listed entities to disclose details of Non-Disclosure Undertakings, other encumbrances, and total pledged shares. The revised format clarifies that underlying outstanding convertible securities include ESOPs and adds a column capturing shares on fully diluted basis. Table II now includes a footnote regarding promoters with nil shareholding. Stock Exchanges must notify listed companies and amend relevant regulations, while Depositories must update their systems accordingly. These modifications to Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 will take effect from the quarter ending June 30, 2025.
SEBI has modified the disclosure requirements for shareholding patterns under Regulation 31 of the Listing Regulations. The amendments require listed entities to disclose details of Non-Disclosure Undertakings, other encumbrances, and total pledged shares. The revised format clarifies that underlying outstanding convertible securities include ESOPs and adds a column capturing shares on fully diluted basis. Table II now includes a footnote regarding promoters with nil shareholding. Stock Exchanges must notify listed companies and amend relevant regulations, while Depositories must update their systems accordingly. These modifications to Master Circular SEBI/HO/CFD/PoD2/CIR/P/0155 will take effect from the quarter ending June 30, 2025.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4915 
