Pre-amendment reassessment limitation bars late notices under the preserved regime, invalidating consequential reassessment for affected earlier asses...
Cash-sales explanations for bank deposits require documentary reconciliation; reassessment notice survived where effective response time was available...
Functional comparability in transfer pricing prevents ad hoc arm's length adjustments where functions, assets, risks and reliable comparables are unes...
SEBI issued the Infrastructure Investment Trusts (Second Amendment) Regulations, 2025, amending the existing 2014 regulations. The amendment specifically modifies regulation 18, sub-regulation (4), expanding the proviso to include additional clauses (vi), (vii), and (viii) alongside existing provisions. The regulatory update, effective April 2, 2025, aims to enhance the regulatory framework governing infrastructure investment trusts, providing more comprehensive guidelines for trust management and operational compliance within the securities market.
SEBI issued the Infrastructure Investment Trusts (Second Amendment) Regulations, 2025, amending the existing 2014 regulations. The amendment specifically modifies regulation 18, sub-regulation (4), expanding the proviso to include additional clauses (vi), (vii), and (viii) alongside existing provisions. The regulatory update, effective April 2, 2025, aims to enhance the regulatory framework governing infrastructure investment trusts, providing more comprehensive guidelines for trust management and operational compliance within the securities market.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4918 
