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...
A regulatory authority has mandated joint annual inspections of entities registered with multiple market infrastructure institutions (MIIs) to reduce operational disruptions caused by separate inspections. The policy requires coordinated inspections covering all segments, including stock broking, depository participant, and clearing activities, with MIIs sharing inspection information and designating a lead MII to initiate enforcement. Inspection criteria have been revised to prioritize entities with high penalties, investor complaints, arbitration cases, or high-risk scores, while others will be inspected at least once every three years. Special inspections may occur based on specific triggers regardless of prior inspection timing. MIIs must establish a joint standard operating procedure by November 1, 2025, and amend relevant regulations accordingly. This policy supersedes a prior circular and takes effect December 1, 2025, aiming to enhance supervision efficiency and investor protection in securities markets.
A regulatory authority has mandated joint annual inspections of entities registered with multiple market infrastructure institutions (MIIs) to reduce operational disruptions caused by separate inspections. The policy requires coordinated inspections covering all segments, including stock broking, depository participant, and clearing activities, with MIIs sharing inspection information and designating a lead MII to initiate enforcement. Inspection criteria have been revised to prioritize entities with high penalties, investor complaints, arbitration cases, or high-risk scores, while others will be inspected at least once every three years. Special inspections may occur based on specific triggers regardless of prior inspection timing. MIIs must establish a joint standard operating procedure by November 1, 2025, and amend relevant regulations accordingly. This policy supersedes a prior circular and takes effect December 1, 2025, aiming to enhance supervision efficiency and investor protection in securities markets.
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