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 securities regulator issued a circular establishing an intraday monitoring framework for equity index options: entity-level intraday net FutEq limit Rs.5,000 crore and intraday gross FutEq limit Rs.10,000 crore per side; exchanges must take at least four random intraday position snapshots (including near close) and may consider underlying prices when assessing snapshots. Additional exposures permitted against eligible collateral. Breaches will trigger exchange review, client rationale, constituent trading checks and, on expiry days, penalties/additional surveillance deposits (effective later). Exchanges and clearing corporations must file SOPs and implement systems; most provisions effective October 1, 2025.
A securities regulator issued a circular establishing an intraday monitoring framework for equity index options: entity-level intraday net FutEq limit Rs.5,000 crore and intraday gross FutEq limit Rs.10,000 crore per side; exchanges must take at least four random intraday position snapshots (including near close) and may consider underlying prices when assessing snapshots. Additional exposures permitted against eligible collateral. Breaches will trigger exchange review, client rationale, constituent trading checks and, on expiry days, penalties/additional surveillance deposits (effective later). Exchanges and clearing corporations must file SOPs and implement systems; most provisions effective October 1, 2025.
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