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 Board finds that the Noticee was a partner of the Firm for the period 15 Jan 2016-15 Mar 2016 and, as a partner in a general partnership, is jointly and severally liable for the Firm's unregistered investment advisory activities in violation of applicable SEBI provisions. The Noticee is directed to refund INR 2,23,404.10 jointly and severally with the Firm and its partners; recovery proceedings remain pending, and earlier recovery against the Noticee was stayed by SAT remand. As an alternative to refund, the Noticee's liability shall be discharged upon deposit of the said amount with SEBI. No further debarment is imposed. Non-compliance may invite proceedings under section 28A after three months. The Order is effective immediately.
The Board finds that the Noticee was a partner of the Firm for the period 15 Jan 2016-15 Mar 2016 and, as a partner in a general partnership, is jointly and severally liable for the Firm's unregistered investment advisory activities in violation of applicable SEBI provisions. The Noticee is directed to refund INR 2,23,404.10 jointly and severally with the Firm and its partners; recovery proceedings remain pending, and earlier recovery against the Noticee was stayed by SAT remand. As an alternative to refund, the Noticee's liability shall be discharged upon deposit of the said amount with SEBI. No further debarment is imposed. Non-compliance may invite proceedings under section 28A after three months. The Order is effective immediately.
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
TaxTMI 
of 4828 
Join Channel 
