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 modified ESG disclosure requirements to facilitate ease of doing business. The circular introduces an eighth leadership indicator in BRSR for voluntary disclosure of green credits generated by listed entities and their top ten value chain partners, applicable from FY 2024-25. It provides flexibility by allowing either "assessment" or "assurance" for BRSR Core verification, making the process profession-agnostic. ESG disclosures for value chain partners have been deferred by one year, with voluntary reporting for top 250 listed entities from FY 2025-26 and voluntary assessment/assurance from FY 2026-27. The threshold for value chain partners has been revised to those comprising 2% or more of purchases/sales, with disclosure limited to covering 75% of total value.
SEBI has modified ESG disclosure requirements to facilitate ease of doing business. The circular introduces an eighth leadership indicator in BRSR for voluntary disclosure of green credits generated by listed entities and their top ten value chain partners, applicable from FY 2024-25. It provides flexibility by allowing either "assessment" or "assurance" for BRSR Core verification, making the process profession-agnostic. ESG disclosures for value chain partners have been deferred by one year, with voluntary reporting for top 250 listed entities from FY 2025-26 and voluntary assessment/assurance from FY 2026-27. The threshold for value chain partners has been revised to those comprising 2% or more of purchases/sales, with disclosure limited to covering 75% of total value.
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