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...
The Ministry of Corporate Affairs issued notification G.S.R. 427(E) dated 27th June 2025, promulgating the Companies (Restriction on number of layers) Amendment Rules, 2025. These amendment rules, exercising powers under section 2(87) proviso and section 469(1)(2) of the Companies Act, 2013, modify the principal Companies (Restriction on number of layers) Rules, 2017. The amendment specifically substitutes Form CRL-1 in the Annexure of the 2017 rules with a new prescribed form. The amendment rules became effective from 14th July 2025, updating the regulatory framework governing corporate layer restrictions originally established through G.S.R. 1176(E) dated 20th September 2017.
The Ministry of Corporate Affairs issued notification G.S.R. 427(E) dated 27th June 2025, promulgating the Companies (Restriction on number of layers) Amendment Rules, 2025. These amendment rules, exercising powers under section 2(87) proviso and section 469(1)(2) of the Companies Act, 2013, modify the principal Companies (Restriction on number of layers) Rules, 2017. The amendment specifically substitutes Form CRL-1 in the Annexure of the 2017 rules with a new prescribed form. The amendment rules became effective from 14th July 2025, updating the regulatory framework governing corporate layer restrictions originally established through G.S.R. 1176(E) dated 20th September 2017.
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