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 extended the implementation timeline for Industry Standards on "Minimum information to be provided for review of the audit committee and shareholders for approval of a related party transaction" from April 1, 2025, to July 1, 2025. This extension follows stakeholder feedback requesting additional time. The Industry Standards Forum, comprising representatives from ASSOCHAM, CII, and FICCI, will consider feedback to simplify the standards in time for the revised deadline. The circular was issued under Section 11(1) and 11A of the SEBI Act, 1992, read with regulation 101 of LODR Regulations.
SEBI has extended the implementation timeline for Industry Standards on "Minimum information to be provided for review of the audit committee and shareholders for approval of a related party transaction" from April 1, 2025, to July 1, 2025. This extension follows stakeholder feedback requesting additional time. The Industry Standards Forum, comprising representatives from ASSOCHAM, CII, and FICCI, will consider feedback to simplify the standards in time for the revised deadline. The circular was issued under Section 11(1) and 11A of the SEBI Act, 1992, read with regulation 101 of LODR Regulations.
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