Transfer-pricing treatment of ITeS margins excludes pass-through tax recoveries and separate delayed-receivables interest after working-capital adjust...
Capacity-utilisation adjustments under TNMM can neutralise substantiated COVID-related idle costs where underutilisation materially affects profitabil...
TNMM functional comparability requires excluding rice manufacturers from a pure Basmati rice trader's benchmark and recognising operating export recei...
Working-capital adjustment subsumes delayed-receivable effects in TNMM benchmarking of captive software-development services, avoiding separate notion...
Transfer-pricing comparability requires exclusion of financially illogical super-profit comparables and correction of unsupported annual-report and ma...
Charitable character assessment preserves Section 80G approval despite inclusive spiritual teachings and incidental religious expenditure within the s...
Penalty proceedings for cash-loan acceptance require assessment proceedings and recorded Assessing Officer satisfaction; absent these, the proceedings...
Page of 4828
Press 'Enter' after typing page number.
161 to 180 of 96556 Results
❮
❯
❯❯
0 / 200
Expand Note
Add to Folder
No Folders have been created
+
Are you sure you want to delete "My most important" ?
The Board found the Noticee guilty of violating regulation 13(b) read with 13(a) of the IA Regulations and clauses 1, 5, and 8 of the Code of Conduct under the Third Schedule by failing to update material information and conducting unregistered investment advisory activities through two partnership firms. Although the Designated Authority (DA) viewed the non-updation as a technical violation and recommended no cancellation, the Board disagreed, noting the Noticee's engagement in advisory services prior to registration and prolonged unregistered activities over two years as aggravating factors. The Board rejected the Noticee's police complaint defense and the DA's recommendation against suspension. Considering the gravity of the violations and despite mitigating factors like cessation of activities and fee refunds, the Board imposed a six-month suspension of the Noticee's registration as an Investment Adviser, deeming it proportionate and necessary to uphold regulatory compliance.
The Board found the Noticee guilty of violating regulation 13(b) read with 13(a) of the IA Regulations and clauses 1, 5, and 8 of the Code of Conduct under the Third Schedule by failing to update material information and conducting unregistered investment advisory activities through two partnership firms. Although the Designated Authority (DA) viewed the non-updation as a technical violation and recommended no cancellation, the Board disagreed, noting the Noticee's engagement in advisory services prior to registration and prolonged unregistered activities over two years as aggravating factors. The Board rejected the Noticee's police complaint defense and the DA's recommendation against suspension. Considering the gravity of the violations and despite mitigating factors like cessation of activities and fee refunds, the Board imposed a six-month suspension of the Noticee's registration as an Investment Adviser, deeming it proportionate and necessary to uphold regulatory compliance.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
