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 issued a notification under the Certification of Associated Persons in Securities Markets Regulations, 2007, mandating certification requirements for Alternative Investment Fund managers. At least one key personnel in the investment team of Category I and II AIF managers must obtain NISM Series-XIX-C or Series-XIX-D certification, while Category III AIF managers require Series-XIX-C or Series-XIX-E certification. Existing AIFs must comply by July 31, 2025. The notification supersedes the previous May 10, 2024 notification and becomes effective upon Official Gazette publication. This regulatory measure strengthens professional competency standards for AIF management personnel in securities markets.
SEBI issued a notification under the Certification of Associated Persons in Securities Markets Regulations, 2007, mandating certification requirements for Alternative Investment Fund managers. At least one key personnel in the investment team of Category I and II AIF managers must obtain NISM Series-XIX-C or Series-XIX-D certification, while Category III AIF managers require Series-XIX-C or Series-XIX-E certification. Existing AIFs must comply by July 31, 2025. The notification supersedes the previous May 10, 2024 notification and becomes effective upon Official Gazette publication. This regulatory measure strengthens professional competency standards for AIF management personnel in securities markets.
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