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...
Regulator issues a circular streamlining surrender of KYC Registration Agency (KRA) registrations, requiring KRAs to adopt board-approved SOPs for orderly voluntary or involuntary winding down, including transfer of complete KYC records with audit trails to a transferee KRA, stakeholder notification, an Oversight Committee, continued limited operations until secure data migration, audits and jointly signed compliance reports, settlement of dues, and maintenance of investor support. SOPs must be published within 90 days and reviewed periodically; regulatory powers permit inspections, appointment of administrators or direct nomination of transferee KRAs and case-specific overrides to protect investors and market stability.
Regulator issues a circular streamlining surrender of KYC Registration Agency (KRA) registrations, requiring KRAs to adopt board-approved SOPs for orderly voluntary or involuntary winding down, including transfer of complete KYC records with audit trails to a transferee KRA, stakeholder notification, an Oversight Committee, continued limited operations until secure data migration, audits and jointly signed compliance reports, settlement of dues, and maintenance of investor support. SOPs must be published within 90 days and reviewed periodically; regulatory powers permit inspections, appointment of administrators or direct nomination of transferee KRAs and case-specific overrides to protect investors and market stability.
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